BingX, YouHodler added to ESMA MiCA register in latest update

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BingX, YouHodler added to ESMA MiCA register in latest update
AI Analysis

European regulators added major crypto platforms BingX and YouHodler to the official MiCA register alongside traditional financial institutions. This expansion highlights the ongoing integration of digital asset service providers into the formal European regulatory framework.

The European Securities and Markets Authority has updated its Markets in Crypto-Assets register to include prominent digital asset firms such as BingX and YouHodler. Traditional banking giants like Banco Santander's Openbank also appeared in the latest update, bringing the total count of registered entities to 375. Compliance with MiCA standards is becoming a critical benchmark for firms seeking to operate legally within the European Union single market. This regulatory clarity is expected to attract more institutional capital by lowering legal risks associated with cross-border crypto operations in Europe. Industry participants view the growing registry as a milestone for mainstream legitimacy and consumer protection.

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