EU CASP Licence Tracker — MiCA Authorisations Across the EU

Last updated: 31 Oct 2026 · Source: live ESMA Interim MiCA Register · +5 new since last refresh

A running snapshot of how MiCA authorisation is actually progressing across the EU/EEA — how many Crypto-Asset Service Providers (CASPs) are licensed, where, for which services, and how the stablecoin (EMT/ART) side is developing — read against the hard 1 July 2026 transitional deadline. Figures are drawn from the ESMA public register; our read on what they mean for firms still deciding where and whether to apply sits alongside each section.

Figures are pulled directly from ESMA's Interim MiCA Register (the weekly CSV files) and refreshed daily. The register itself updates roughly weekly — the count shown is the latest successful read. The commentary below is our own interpretation, not part of the ESMA data.

1 · The market in numbers

* ESMA’s register lists 392 authorisation records; 387 are unique active firms. The difference is duplicate registrations (one entity with more than one entry) and withdrawn/ended authorisations.

Our read: the market is overwhelmingly services-side. Zero ART issuers tells you the asset-referenced regime (Title III capital, reserves, governance, stress tests) is, in practice, the hardest door in MiCA — almost everyone issuing a stablecoin does it as an EMT, not an ART.

2 · Where CASPs are licensed

Country	Authorised CASPs
Germany	119
France	36
Netherlands	28
Cyprus	24
Malta	23
Spain	16
Luxembourg	13
Austria	12
Czechia	12
Ireland	12
Liechtenstein	12
Latvia	12
Other 15 countries	68

Our read: Germany alone holds ~30% of all EU CASP licences — BaFin's prior crypto-custody experience and a deep institutional base. But "most licences" ≠ "fastest or cheapest for you": smaller hubs (Lithuania, Malta) often move quicker for leaner setups. See our jurisdiction comparisons and the cheapest-jurisdiction guide.

3 · What CASPs are authorised to do

Our read: custody (209/392, ~53%) is the backbone permission. Note the capital tier follows the services you list — operating a trading platform = the €150k class; custody/exchange = €125k; the rest = €50k. We scope this on our MiCA/CASP licensing service.

4 · Passporting

The large majority of authorised CASPs hold cross-border (passporting) rights; only a small minority operate domestically only.

Our read: the licence is treated as a single-market passport, not a local permit — which is exactly why jurisdiction choice matters: you pick one regulator, then serve the whole EU/EEA.

5 · Stablecoins: EMT vs ART

• EMT issuers: 25. Named authorised issuers include Circle Internet Financial Europe (EURC, USDC), Société Générale–Forge (EURCV), Banking Circle (EURI), Quantoz Payments (EURQ/USDQ/EURD), Membrane Finance (EUROe). Issuance is reserved for EMIs / credit institutions + a MiCA white paper.
• ART issuers: 0. No asset-referenced token has been authorised — the strictest capital/reserve/governance bar in MiCA.
• Non-compliant: Tether (USDT) remains unauthorised in the EU (no EU EMI licence / reserve gaps), which drove delistings on major EU venues.

Our read: if you're issuing a euro stablecoin, you're almost certainly on the EMT path — see for stablecoin issuers.

6 · Licensing momentum

Our read: the pipeline is still clearing month to month (see the figures above) — but that's the output rate of regulators already mid-review. The 1 July 2026 backstop has passed — new entrants now apply for full CASP authorisation directly, no longer under the transition.

7 · The deadline layer

The EU-wide MiCA transitional regime ended 1 July 2026: since then, providing crypto-asset services to EU clients without a full CASP authorisation (or a pending-but-grandfathered application, where the member state allowed) is no longer covered by transitional arrangements. Crucially, the transitional window was set per-country (0–18 months), so many national windows had already closed ahead of the EU backstop. Firms that missed a national cut-off can no longer fall back on the transition.

Per-country transitional end-dates and grandfathering vary by NCA and have shifted — we present this as a framework and link each jurisdiction guide rather than asserting exact national dates without re-checking the NCA. Anchor hub: the 1 July 2026 deadline.

Our read: the headline "1 July 2026" hides the real risk — your national window may already be shut. We map the route that's still open to you.

Related briefings: MiCA · CASP licensing — or browse all regulatory briefings.

Deciding where (or whether) to apply before the window closes? We scope your CASP services, capital and the fastest viable jurisdiction. Book a 30-min call.

Methodology & sources

• Quantitative data: ESMA Interim MiCA Register (the official CSV register), fetched directly and updated automatically. Last successful fetch: 31 Oct 2026.
• Deadline framework: MiCA (Regulation (EU) 2023/1114), Article 143 transitional provisions; 1 July 2026 EU backstop; per-country transitional periods set by member states.
• Scope caveat: ESMA's interim register lists CASPs by home member state and may differ from broader aggregators that also pull national NCA registers — e.g. some EEA states such as Norway appear in national registers but not (yet) in the ESMA interim register.
• This commentary is interpretation, not legal advice. Verify current figures against the live ESMA register before relying on them.
• Source register: ESMA MiCA page / Interim MiCA Register (esma.europa.eu ↗).