Banks Double on EU MiCA Crypto Provider Register, Now 23% of List

The register was designed to bring crypto service providers under one EU framework, but its most striking feature is becoming the speed at which regulated banks are claiming space on it. That matters because banks enter with capital, deposit relationships and compliance machinery that most native crypto firms cannot match, which could reshape who controls distribution of crypto services in Europe. The open question is whether this bank share keeps climbing, and whether the register ends up looking less like a crypto licensing list and more like a banking directory.