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Germany has widened its lead in Europe’s MiCA register after six cooperative banks were added in the latest update, taking the country to 79 listed crypto-asset service providers.
The European Securities and Markets Authority updated its interim register on August 21. It now contains 331 providers, with Germany accounting for almost one quarter of the total, ahead of France with 35 and the Netherlands with 29.
Six Cooperative Banks Add Crypto Order Execution
The latest German entries are Raiffeisenbank Aidlingen, Ihre Volksbank, VR-Bank Mittelfranken Mitte, Volksbank Euskirchen, VR Bank Ried-Überwald and Volksbank Backnang. All six are listed for execution of crypto-asset orders on behalf of clients.
Raiffeisenbank Aidlingen entered the register on August 7, followed by Volksbank Euskirchen on August 14. Ihre Volksbank and VR-Bank Mittelfranken Mitte followed on August 18, with VR Bank Ried-Überwald and Volksbank Backnang dated August 20.
Germany Rises From 57 to 79 MiCA-Listed Providers Since June
Germany’s total has climbed from 57 providers in late June to 79 in the latest ESMA dataset. The country already led Europe at the end of June, when the register contained 244 providers. The latest entries are credit institutions, which follow a different MiCA route from companies seeking standard CASP authorization.
Under Article 60, a credit institution can provide crypto-asset services after notifying its home regulator at least 40 working days before offering them for the first time. The notification must cover areas including planned services, internal controls, anti-money laundering systems, ICT security and execution policies where applicable.
MiCA Grandfathering Has Ended Across Europe
MiCA allowed existing crypto providers to continue under national rules during transitional periods set by individual countries, subject to a maximum deadline of July 1, 2026. Germany had adopted a shorter 12-month grandfathering period.
With the maximum period now expired, legacy providers can no longer rely on MiCA grandfathering. Firms continuing to provide covered services need the appropriate MiCA authorization or another permitted route, including the Article 60 notification framework available to qualifying financial institutions.
ESMA publishes its interim MiCA register at weekly intervals using information supplied by national competent authorities.
The latest additions leave Germany with more than twice France’s total, with cooperative banks accounting for all six German entries added since the previous register update.
