BNY Mellon's European subsidiary has officially joined the Markets in Crypto-Assets (MiCA) register, marking a significant move within the evolving European crypto regulatory framework. This development came as the European Securities and Markets Authority (ESMA) released its third post-deadline update, adding a total of 15 Crypto-Asset Service Providers (CASPs) to the register, which includes both banks and crypto platforms, according to CoinTelegraph.

The inclusion of BNY Mellon's European arm highlights the growing interest of traditional financial institutions in complying with MiCA regulations and expanding their presence in the crypto space. ESMA's ongoing updates to the CASP register reflect the regulator's commitment to enforcing transparency and compliance across the sector.

For Japanese market participants, this update signals increasing regulatory alignment in Europe, which may influence cross-border crypto service offerings and regulatory expectations for global financial firms engaging with Japanese investors.