Stripe owned Bridge joins EU MiCA register as 42nd authorized stablecoin issuer

Bridge has joined the EU’s MiCA register, increasing the number of authorized electronic money token issuers to 42 after securing regulatory approval in Luxembourg. Summary Bridge has joined the European Union’s MiCA register, raising the number of authorized electronic money token issuers to 42. ESMA has also added three German crypto asset service providers, bringing the total number of authorized CASPs across the bloc to 324. The Luxembourg approval allows the Stripe owned company to offer regulated stablecoin and euro payment services throughout all 27 EU member states. Bridge’s registration comes as Stripe continues expanding its stablecoin payments business following its acquisition of the company. According to the latest update published by the European Securities and Markets Authority (ESMA) on Wednesday, Bridge Building, the Luxembourg-based entity behind Stripe-owned stablecoin infrastructure company Bridge, has been added to the European Union’s Markets in Crypto-Assets (MiCA) register as an authorized electronic money token (EMT) issuer. The addition raises the number of MiCA-authorized EMT issuers in the European Union to 42. ESMA’s latest register update also added th...