The MiCA Crypto Alliance has launched a new search tool that allows users to quickly verify whether a crypto company is authorized to operate under the European Union’s Markets in Crypto-Assets (MiCA) framework.
Released on August 5, the MiCA CASP Tracker converts public licensing data from the European Securities and Markets Authority (ESMA) into a searchable database for crypto users, businesses and compliance teams. The tool lets users search companies by name, country, regulator or authorized services using information already published by ESMA.
🔍 The MiCA Crypto Alliance is expanding its public tools.
Following the White Paper Tracker, we are launching the MiCA CASP Tracker: a searchable directory of every Crypto-Asset Service Provider authorised under #MiCA.
Built on the @ESMAComms Register and updated as new… pic.twitter.com/E2N3HorULL
— MiCA Crypto Alliance (@MiCA_Alliance) August 5, 2026
MiCA tracker simplifies verification of licensed crypto firms
The tracker displays key details for each authorized Crypto-Asset Service Provider (CASP), including the company’s name, Legal Entity Identifier (LEI), home country, national regulator, authorization date and the crypto services it is permitted to offer.
Users can also compare providers based on their approved activities. These include crypto custody, trading platform operations, crypto-to-fiat and crypto-to-crypto exchange, order execution, portfolio management, investment advice, token placement, asset transfers and other regulated MiCA services.
The Alliance said the platform is designed to make ESMA’s public register easier to search and understand. ESMA currently publishes the register as downloadable files and updates it weekly based on information submitted by national regulators.
MiCA licensing reshapes Europe’s crypto market
The new tracker has also drawn attention to how much the European crypto market has changed under MiCA. Industry observers note that while thousands of Virtual Asset Service Providers (VASPs) previously operated across Europe, only a few hundred CASPs currently appear in ESMA’s authorized register.
The sharp drop has started discussions that MiCA has significantly reduced the number of firms legally able to offer regulated crypto services in the EU, concentrating the market among businesses that successfully met the bloc’s licensing requirements.
Many of the authorized firms are banks, brokers and payment companies that were able to build on existing regulatory frameworks, while many crypto-native businesses are still awaiting approval or have exited the market.
Licence verification still matters even after MiCA’s July deadline
The launch comes weeks after MiCA’s key transition period ended on July 1, when unauthorized crypto firms were required to stop offering regulated services to new EU customers unless they had secured approval.
Since then, checking whether a platform is properly licensed has become more important for both retail and institutional users. Companies operating without MiCA authorization cannot offer the regulatory protections available under the framework, including safeguards for customer assets.
In its latest register update, ESMA added several newly authorized firms, including banks, payment companies and crypto service providers, showing that the list continues to expand after the deadline.
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