Regulated MiCA Exchanges in Europe: Updated Complete List 2026

The following are the 20 exchanges holding a CASP licence under the MiCA Regulation (EU) 2023/1114, verified as of 24 June 2026:

What is MiCA and why does everything change as of July 1, 2026?

Before MiCA, operating with cryptocurrencies in Europe was like driving through a country where every highway had its own rules. Spain required one thing, Germany another, and Malta practically none. This fragmentation didn’t just create confusion, it also created regulatory safe havens where any exchange could set up and attract European customers without offering much in terms of guarantees.

MiCA (Markets in Crypto-Assets, EU Regulation 2023/1114) puts an end to that. It is the first fully unified legal framework for digital assets in Europe, establishing the same rules across the board. It doesn’t matter whether an exchange is based in Malta, the Netherlands, or Ireland. If it wants to operate across the 30 countries of the European Economic Area, it needs just one thing: a CASP licence (Crypto-Asset Service Provider).

This licence works like a European passport. With a single authorisation obtained from the regulator of any EU member state, an exchange can operate legally across the entire EU without needing to apply country by country. That is why you will see exchanges in the table above that are based in Malta operating perfectly for users in Spain: they are fully within their legal rights.

The European passport: one licence, 30 countries

One of the aspects of MiCA that confuses users the most is seeing exchanges based in Malta or Luxembourg operating seamlessly in Spain. The explanation is the European passport.

It works exactly the same way as in the banking sector: if a bank is authorised in Germany, it can open branches and operate in France, Italy, or Portugal without needing a new licence in each country. It only has to notify the regulator in each market where it wants to operate. With MiCA, crypto exchanges follow exactly the same mechanism.

Malta, Luxembourg, Ireland, Austria and the Netherlands are the countries where most of the regulated exchanges in this list are headquartered. This is no coincidence: these are the markets where regulators have been the most efficient in processing CASP licence applications. The result is that exchanges obtain their licence in the most efficient jurisdiction and then operate across Europe from there.

1 July 2026: the point of no return

On 30 June 2026, MiCA’s transitional period expires. From 1 July onwards, operating without a CASP licence in the European Union is no longer a grey area, a minor breach, or something enforced only on paper. It becomes illegal. And the consequences don’t fall only on the platform, they also, and significantly, extend to users who continue using it.

During the transitional period, exchanges already operating in Europe under previous national regulations were allowed to continue their activity while applying for the new licence. That window is closing. From 1 July onwards, there are only two types of exchanges in Europe: those with a CASP licence, and those that are no longer allowed to operate in the region.

If you continue using an unlicensed exchange after that date, the platform has no legal obligation to segregate your funds. If it goes bankrupt, your money becomes part of the insolvency estate alongside that of other creditors. You have no priority over anyone else. There is also no European regulator to turn to: neither Spain’s CNMV nor any other supervisor has jurisdiction over what happens on an unlicensed platform. You are on your own.

And there is something else that is rarely mentioned: many platforms that have not obtained a licence are already proactively blocking European users’ accounts in order to avoid regulatory sanctions. Don’t wait for it to happen to you.

Methodology: how we keep this list up to date

This list is not updated through automated feeds or secondary sources. Each entry is verified manually, directly against the official registers of the relevant national regulators.

The primary sources we use are the official registers of the CNMV (Spain), BaFin (Germany), MFSA (Malta), CBI (Ireland), AFM (Netherlands), FIN-FSA (Finland), and Finansinspektionen (Sweden), along with official statements from the platforms themselves and notices published by ESMA.

To be included in this list, an exchange must have formally obtained a CASP licence and be operational for European users at the time of verification. We do not include platforms that are still undergoing authorisation, nor exchanges operating under transitional regimes that have already expired.

We review the official registers on a monthly basis, as well as immediately in response to relevant industry developments such as new licences, licence withdrawals, sanctions, or major regulatory changes. If you spot an error or have information about a licence revocation, you can contact us via the contact form. We verify the information and update the list within a maximum of 72 hours.

Last verified: 24 June 2026.