Bridge Building, the Luxembourg-registered entity behind Stripe-owned stablecoin infrastructure firm Bridge, has been added to the European Union’s Markets in Crypto-Assets Regulation (MiCA) register following regulatory approval from Luxembourg authorities.
Bridge becomes 42nd authorised EMT issuer
The addition raises the total number of MiCA-authorised electronic money token (EMT) issuers in the EU register to 42, according to the latest update published Wednesday by the European Securities and Markets Authority (ESMA).
The listing follows Bridge’s announcement on 2 July that it had secured both a Crypto-Asset Service Provider (CASP) authorisation under MiCA and an Electronic Money Institution (EMI) licence from Luxembourg’s Commission de Surveillance du Secteur Financier. Bridge’s Head of Product, Mai Leduc Blount, said the approvals allow businesses in the EU to build stablecoin and payment products under a regulated framework.
Three German banks added as CASPs
The same ESMA update brought three new CASP entries from Germany:
- Volksbank Die Gestalterbank
- VBU Volksbank im Unterland
- VR-Bank Erding
Their inclusion pushes the total number of authorised CASPs in the EU register to 324.
No changes to ART authorisations or non-compliant listings
Wednesday’s update showed no movement on asset-referenced token (ART) authorisations, with no ART issuers currently listed. The register of non-compliant crypto asset companies was also unchanged.
ESMA has increased the frequency of its MiCA register updates in recent weeks, with multiple revisions published across July.
