Stripe-owned Bridge joins EU MiCA register after Luxembourg approval

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 Regulation (MiCA) register after receiving regulatory approval in Luxembourg. For PSPs and high-risk merchants, the practical point is simple: Bridge now sits inside the EU’s regulated framework for stablecoin and payment products, not outside it.

1. Bridge’s inclusion brings the number of MiCA-authorized electronic money token (EMT) issuers in the EU register to 42, according to the latest European Securities and Markets Authority (ESMA) update published on Wednesday.
2. The update came weeks after Bridge announced on July 2 that it had secured a Crypto-Asset Service Provider (CASP) authorization under MiCA and an Electronic Money Institution (EMI) licence from Luxembourg’s Commission de Surveillance du Secteur Financier.
3. Bridge’s Head of Product, Mai Leduc Blount, said the approvals allow businesses in the EU to build stablecoin and payment products under a regulated framework. For companies running higher-risk flows, that means a provider with both crypto-asset and e-money permissions in a major EU jurisdiction.
4. The same ESMA update added three new CASP entries from Germany: Volksbank Die Gestalterbank, VBU Volksbank im Unterland and VR-Bank Erding. That took the total number of authorized CASPs in the EU register to 324.
5. The update showed no changes to asset-referenced token authorizations, with no ART issuers listed. The list of non-compliant crypto asset companies was also unchanged. ESMA has published more frequent updates to its MiCA register in recent weeks, with several updates in July.