Germany has issued 57 authorizations under the EU’s Markets in Crypto-Assets (MiCA) framework for crypto-asset service providers (CASPs), representing about 23% of the 244 total licenses listed in the European Securities and Markets Authority (ESMA) interim register data. According to NS3.AI, France has granted 26 approvals, or roughly 11% of the total.
The data also showed that five EU member states had not issued any MiCA licenses as of June 26.
Separately, Italy accounted for 160 of 162 entries on ESMA’s register of non-compliant CASPs.