The number of banks listed on the European Union’s Markets in Crypto-Assets regulation, or MiCA, register doubled to about 80 between June 26 and September 16, according to an analysis of European Securities and Markets Authority data. The total number of listed crypto-asset service providers rose from 243 to 349, taking banks’ share to nearly 23% from roughly 17%. Non-bank providers increased from about 203 to 269 but fell to 77% of the register as banks added entries faster. Germany supplied many of the new banking listings, including Volksbank, Raiffeisenbank and VR Bank institutions and Deutsche Bank. Under Article 60 of MiCA, EU credit institutions can enter the market by notifying their home regulator at least 40 working days before starting services, while crypto-native firms must apply for CASP authorization under Article 62. The register includes providers with different permissions, such as custody, transfers, trading platforms and portfolio management. MiCA’s passporting framework enables authorized providers to serve customers across the EU, while the United States uses a more fragmented federal and state regulatory structure.