MiCA Licensing Accelerates as ESMA Approves 14 More Crypto Firms

What happened

ESMA approved 14 additional crypto firms, bringing the total number of MiCA‑authorized crypto‑asset service providers in Europe to 294, including Ripple, MoonPay and several major European banks.

Confirmed

Global impact / market context

The approvals show that more firms are meeting the EU’s MiCA rules, which means the crypto market will operate under clearer, uniform regulations, helping protect investors and encouraging legitimate business growth.

Analyst inference

Europe’s crypto sector is moving from a fragmented regulatory landscape to a single set of rules under MiCA, which should reduce uncertainty and attract capital that previously stayed in less‑regulated jurisdictions.

Analyst inference

What to watch

1. How quickly other crypto firms complete MiCA licensing, as faster approvals could boost the overall size of the regulated market. Proposed
2. Whether major European banks expand crypto services after obtaining licenses, potentially increasing institutional demand for digital assets. Proposed
3. Any EU policy updates that adjust MiCA requirements, which could affect compliance costs for existing and new service providers. Proposed

Affected assets

• XRP — XRP

Evidence

• livebitcoinnews.com