Stripe's Bridge joins EU MiCA register after Luxembourg approval
Odaily News: Bridge, Stripe's stablecoin infrastructure company, has joined the EU's Markets in Crypto-Assets Regulation (MiCA) register through its Luxembourg entity Bridge Building, after receiving regulatory approval from Luxembourg.
The European Securities and Markets Authority (ESMA) update on Wednesday shows that with Bridge's inclusion, the number of MiCA-authorized electronic money token (EMT) issuers in the EU register has increased to 42.
Bridge announced on July 2 that it had obtained the MiCA Crypto Asset Service Provider (CASP) authorization and Electronic Money Institution (EMI) license from the Luxembourg Financial Industry Supervisory Commission. Bridge product lead Mai Leduc Blount stated that the approvals allow EU companies to build stablecoin and payment products within a regulated framework.
The same ESMA update also added three new German CASP entries, including Volksbank Die Gestalterbank, VBU Volksbank im Unterland, and VR-Bank Erding, bringing the total number of authorized CASPs in the EU register to 324. Asset-referenced token (ART) authorizations remained unchanged, with no ART issuers currently listed.
