I've learned quite a lot building a #MiCA 'register of registers'. Here are a few of the quirkiest points from maintaining a database of licensed EU crypto companies: 🧵 👇
It's exactly what you would expect under the circumstances, but it's also why I check everything by hand.
Speaking of, this month's EUCR newsletter is in the comments, with a personal note from me at the end.
Monthly Update of all new and updated licenses and authorizations:
eucryptoregister.substack.co…
69 new CASPs this month, and the first time since I started the EU Crypto Register that there have been more new CASP licenses issued than notified whitepapers for other crypto assets.
I’ve seen a lot of #MiCA posts about which countries have the most CASPs, and how Germany is clearly leading the pack. At eucryptoregister.com we track the issued licenses and cannot argue ; of the 244 CASPs, Germany is responsible for 57 - almost 1/4.
I think these were MVP filings, i.e. the smallest possible permission to allow them to keep handling client orders, while not taking on any of the other compliance and regulatory requirements.
Doesn't mean these tokens are ‘more legit’; a whitepaper only needs notifying once. But it's a decent signal of strong EU-wide demand, or a deliberate push by the issuer for maximum market access.

