The European Union’s Markets in Crypto-Assets Regulation (MiCA) register added nine crypto-asset service providers (CASPs), including BingX, bringing the total to 375 unique providers.
The European Securities and Markets Authority’s (ESMA) Friday register update included crypto exchange BingX’s Austrian entity, MEGE zweite. It also listed the Italian subsidiary of YouHodler, a crypto lending platform offering yield products, with authorization for custody, crypto exchanges, order execution and transfers.
Both BingX and YouHodler announced their authorizations last week. BingX EU CEO Daniel Lai said the approval would allow the company to operate under a clear regulatory framework as it prepares to launch regulated services across the European Economic Area.
Other additions included Spain’s Prakma Markets, associated with the Goin crypto app, which operates a savings and investment platform.
