EU banks double their MiCA presence to 80
Banks have doubled their presence on the European Unions MiCA register to about 80 institutions in less than three months, raising their share of listed crypto providers to nearly 23%. SummaryBanks increased their MiCA register presence from roughly 40 to about 80 between June 26 and Sep. 16.The total number of listed crypto providers climbed from 243 to 349 during the same period.Germany supplied many of the new banking entries, including regional cooperative lenders and Deutsche Bank.Banks can enter the MiCA market through a notification process rather than a standard CASP application. According to an analysis of European Securities and Markets Authority register data, banks accounted for almost one in four listed crypto-asset service providers as of Sep. 16, up from about one in six on June 26. The number of banks listed in the register rose by approximately 100% during the period, while the full group of crypto-asset service providers increased by about 44%. Banks therefore gained market share even as crypto exchanges, custodians and other non-bank firms continued to enter the regulated EU market. Non-bank providers still make up most of the register. Their number increased from about 203 to 269 between the two dates, but their share fell from roughly 84%








