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PaymentProviders Team Industry Analysis
BNY's MiCA licence made headlines — the register says Belgium-only, custody-only
BNY SA/NV was authorised as a MiCA CASP by the National Bank of Belgium on 20 July 2026. The coverage said EU-wide crypto services; ESMA's register lists one member state (Belgium) and two service codes (custody, transfer). What the register shows, and the TradFi pattern behind it.
July 30, 2026 4 min read