The European Securities and Markets Authority added 14 crypto asset service providers to the MiCA register, bringing the total number of registered firms to 294. Cointelegraph reported the update was the second to the register since the end of MiCA’s transition period. The previous update on July 3 added 37 CASPs. Cointelegraph said the pace of licence expansion appears to be slowing after an initial surge.

Cardano founder Charles Hoskinson publicly praised rival project Ripple for its execution and long-term staying power. He said Ripple has kept expanding its business regardless of market conditions, pointing to steady product launches, major partnerships and growth in institutional services. Hoskinson cited the launch of the dollar-linked stablecoin RLUSD and the acquisition of prime brokerage Hidden Road, which Ripple reshaped into Ripple Prime.