VASP Licensing Report — Baseline Edition

Annual State of VASP Licensing — 2026

Baseline Annual Edition — The registry history window is 11 days. A full annual dataset requires 330+ days of history. No numbers are extrapolated.

As of 2026-06-15, the Plexo Institute registry contains 13238 tracked regulated-entity records across 207 jurisdictions. The count includes records with a non-void recorded status across banks, payment institutions, e-money institutions, and crypto or virtual-asset service providers. It is not a narrow VASP or CASP total, and the 11-day baseline does not support a year-over-year comparison.

Global Summary

13238
Tracked entity records
207
Jurisdictions tracked

Status Distribution

StatusCount
Registered9338
Licensed3308
Unknown555
Provisional24
Sandbox19

License Type Distribution

License Type (Top 15)Count
MSB Registration3162
Commercial Bank2161
Virtual Currency Activity Registration (RDWW)1675
National Bank1139
Payment Institution (PI)973
FSRA Financial Firm468
E-Money Institution (EMI)395
Designated Business295
PRA Authorised Bank286
State Bank224
MiCAR CASP194
Authorised Firm174
CAT I173
Savings Bank165
CAT I & II104

Per-Jurisdiction Breakdown

Jurisdiction Code Recorded-status records Total
United States US 3844 3844
Canada CA 3170 3170
Poland PL 1774 1774
United Arab Emirates AE 645 645
United Kingdom GB 411 411
South Africa ZA 299 299
Isle of Man IM 295 295
Kazakhstan KZ 213 213
Italy IT 189 189
Germany DE 150 150
Lithuania LT 149 149
Netherlands NL 145 145
France FR 135 135
Spain ES 94 94
Malta MT 91 91
Sweden SE 82 82
Ireland IE 70 70
Turkey TR 68 68
Cyprus CY 58 58
Malaysia MY 49 49
Belgium BE 46 46
Estonia EE 45 45
Czech Republic CZ 44 44
Singapore SG 44 44
India IN 42 42
Denmark DK 41 41
Indonesia ID 41 41
Norway NO 38 38
Luxembourg LU 37 37
Bermuda BM 34 34
Finland FI 34 34
Liechtenstein LI 32 32
Thailand TH 30 30
South Korea KR 28 28
Latvia LV 28 28
Gibraltar GI 27 27
Bulgaria BG 26 26
Croatia HR 26 26
Japan JP 26 26
Switzerland CH 25 25
Nigeria NG 25 25
Israel IL 24 24
Kenya KE 21 21
Cayman Islands KY 21 21
Brazil BR 20 20
Hungary HU 20 20
Jersey JE 20 20
Romania RO 19 19
Slovakia SK 19 19
Colombia CO 18 18
Mexico MX 18 18
Russia RU 18 18
British Virgin Islands VG 18 18
Austria AT 17 17
Greece GR 17 17
Panama PA 17 17
Portugal PT 16 16
Vietnam VN 16 16
Argentina AR 15 15
Bahrain BH 15 15
Hong Kong HK 15 15
Pakistan PK 15 15
Ukraine UA 15 15
Saudi Arabia SA 14 14
Georgia GE 13 13
Guernsey GG 13 13
Peru PE 13 13
Philippines PH 13 13
Chile CL 12 12
El Salvador SV 12 12
Tanzania TZ 12 12
Bangladesh BD 11 11
Qatar QA 11 11
New Zealand NZ 9 9
Seychelles SC 9 9
Slovenia SI 8 8
Taiwan TW 8 8
Iceland IS 6 6
Bahamas BS 4 4
Curaçao CW 3 3
Mauritius MU 3 3
Australia AU 2 2
Egypt EG 2 2
Morocco MA 2 2
Rwanda RW 2 2
Uganda UG 2 2
Zambia ZM 2 2
Botswana BW 1 1
Cameroon CM 1 1
Cambodia KH 1 1
Namibia NA 1 1
Senegal SN 1 1
Turks and Caicos TC 1 1
Uruguay UY 1 1
Zimbabwe ZW 1 1
Andorra AD 0 0
Afghanistan AF 0 0
Antigua and Barbuda AG 0 0
Albania AL 0 0
Armenia AM 0 0
Angola AO 0 0
Azerbaijan AZ 0 0
Bosnia and Herzegovina BA 0 0
Barbados BB 0 0
Burkina Faso BF 0 0
Burundi BI 0 0
Benin BJ 0 0
Brunei BN 0 0
Bolivia BO 0 0
Bhutan BT 0 0
Belarus BY 0 0
Belize BZ 0 0
DR Congo CD 0 0
Central African Republic CF 0 0
Republic of Congo CG 0 0
Côte d'Ivoire CI 0 0
China CN 0 0
Costa Rica CR 0 0
Cuba CU 0 0
Cape Verde CV 0 0
Djibouti DJ 0 0
Dominica DM 0 0
Dominican Republic DO 0 0
Algeria DZ 0 0
Ecuador EC 0 0
Eritrea ER 0 0
Ethiopia ET 0 0
European Union EU 0 0
Fiji FJ 0 0
Micronesia FM 0 0
Gabon GA 0 0
Grenada GD 0 0
Ghana GH 0 6
Gambia GM 0 0
Guinea GN 0 0
Equatorial Guinea GQ 0 0
Guatemala GT 0 0
Guinea-Bissau GW 0 0
Guyana GY 0 0
Honduras HN 0 0
Haiti HT 0 0
Iraq IQ 0 0
Iran IR 0 0
Jamaica JM 0 0
Jordan JO 0 0
Kyrgyzstan KG 0 0
Kiribati KI 0 0
Comoros KM 0 0
Saint Kitts and Nevis KN 0 0
North Korea KP 0 0
Kuwait KW 0 0
Laos LA 0 0
Lebanon LB 0 0
Saint Lucia LC 0 0
Sri Lanka LK 0 0
Liberia LR 0 0
Lesotho LS 0 0
Libya LY 0 0
Monaco MC 0 0
Moldova MD 0 0
Montenegro ME 0 0
Madagascar MG 0 0
Marshall Islands MH 0 0
North Macedonia MK 0 0
Mali ML 0 0
Myanmar MM 0 0
Mongolia MN 0 0
Macau MO 0 0
Mauritania MR 0 0
Maldives MV 0 0
Malawi MW 0 0
Mozambique MZ 0 0
Niger NE 0 0
Nicaragua NI 0 0
Nepal NP 0 0
Nauru NR 0 0
Oman OM 0 0
Papua New Guinea PG 0 0
Palau PW 0 0
Paraguay PY 0 0
Serbia RS 0 0
Solomon Islands SB 0 0
Sudan SD 0 0
Sierra Leone SL 0 0
San Marino SM 0 0
Somalia SO 0 0
Suriname SR 0 0
South Sudan SS 0 0
São Tomé and Príncipe ST 0 0
Syria SY 0 0
Eswatini SZ 0 0
Chad TD 0 0
Togo TG 0 0
Tajikistan TJ 0 0
Timor-Leste TL 0 0
Turkmenistan TM 0 0
Tunisia TN 0 0
Tonga TO 0 0
Trinidad and Tobago TT 0 0
Tuvalu TV 0 0
Uzbekistan UZ 0 0
Vatican City VA 0 0
Saint Vincent and the Grenadines VC 0 0
Venezuela VE 0 0
Vanuatu VU 0 0
Samoa WS 0 0
Yemen YE 0 0

Methodology

All counts derive from Plexo Institute registry snapshots; no displayed number is hand-written. The headline count is a broad measure of records with a non-void recorded status, not a narrow VASP or CASP count. It spans banks, payment institutions, e-money institutions, and crypto or virtual-asset service providers. Jurisdictions are included when the registry records at least one entity. Entity pages expose available regulator or registry source evidence; the aggregate does not claim a globally deduplicated legal-entity total. This report is labelled "baseline annual edition" because the coverage window (11 days) is shorter than the full-year threshold (330 days); no annual trend is inferred from this baseline.

Latest snapshot
2026-06-15
Earliest snapshot
2026-06-04
Report generated
2026-08-03
Year
2026-annual
Coverage
11 days (baseline)
AT

Anton Titov

Founder · Plexo Institute

Founder of Plexo Institute; leads the registry-intelligence program.

This report is produced by the Plexo Institute registry pipeline. All counts derive from automated snapshots — no hand-written numbers. View all VASP licensing reports.