Exchanges without a MiCA licence

Decentralised lending/borrowing protocol; outside MiCA’s scope for non-intermediated services.

Singapore-based exchange (formerly BitMax); not on the ESMA CASP register.

Withdrew its EU licence application on 24 June 2026 and said it will suspend regulated services across the EU from 1 July 2026 while seeking a licence elsewhere — it holds no MiCA CASP authorisation.

BingX does not appear on the ESMA register of authorised CASPs, so it holds no MiCA licence to serve EEA users — verify access from your country.

No MiCA CASP authorisation appears in the ESMA register; Bitfinex is not established in the EU, so EEA users should verify access before using it.

bitFlyer Europe operates under the transitional regime and states it is applying to Luxembourg’s CSSF; not yet on the ESMA register.

Bitget’s EU entity has applied to Austria’s FMA for a MiCA licence (mid-2026); the application is under review and not yet approved.

South Korean exchange; not on the ESMA CASP register.

Thai SEC-licensed exchange; not on the ESMA CASP register.

BitMart is absent from the ESMA CASP register and holds no MiCA authorisation; EEA availability is not covered by an EU licence.

Singapore-based exchange; not on the ESMA CASP register.

Mexico-based exchange; not on the ESMA CASP register.

SVG-registered exchange; not on the ESMA CASP register.

Cayman-registered exchange; not on the ESMA CASP register.

Turkish CMB-licensed exchange; not on the ESMA CASP register.

Japanese FSA-registered exchange; not on the ESMA CASP register.

Indian exchange (FIU-IND registered); not on the ESMA CASP register.

Global exchange with Hong Kong roots; no MiCA CASP authorisation on the ESMA register.

Australian exchange (also UK FCA-registered); not on the ESMA CASP register.

Estonian exchange operating under the transitional regime; no confirmed MiCA CASP grant located.

South Korean exchange; not on the ESMA CASP register.

Australian AUSTRAC-registered exchange; not on the ESMA CASP register.

Offshore exchange with undisclosed home jurisdiction; not on the ESMA CASP register.

Fully decentralised stableswap AMM; outside MiCA scope (no intermediary).

Dubai VARA-licensed derivatives exchange (now owned by Coinbase); the Deribit brand is not on the ESMA register.

Decentralised perps protocol; no CASP licence, and perps may sit under MiFID II rather than MiCA.

Decentralised on-chain perps/spot protocol; outside MiCA scope as a fully decentralised service.

Formerly Huobi. No MiCA CASP authorisation appears in the ESMA register; EEA users should verify current access and restrictions.

Decentralised perps DEX; no CASP licence.

Australian AUSTRAC-registered exchange; not on the ESMA CASP register.

Indonesian exchange; not on the ESMA CASP register.

Decentralised Solana swap aggregator; outside MiCA scope as a fully decentralised protocol.

Polish exchange on the legacy VASP register; Poland’s CASP law was delayed, so no MiCA authorisation exists yet.

Estonian consumer exchange; no confirmed MiCA CASP grant located as of mid-2026.

Offshore exchange; not on the ESMA CASP register.

UK/South Africa-based exchange (DCG-owned); not on the ESMA CASP register.

Brazilian exchange; not on the ESMA CASP register.

Holds no MiCA CASP authorisation and is not on the ESMA register; in June 2026 MEXC notified users of changes to its service for the EEA. Verify current access before using it.

No CASP granted as of mid-2026; filed a MiCA application with Bulgaria’s FSC and structured an entity under German oversight.

Not a MiCA CASP: an AFM-authorised MiFID II venue for EUR crypto perpetual futures (ex-Bitpanda Pro) — crypto derivatives fall under MiFID II, not MiCA.

Fully decentralised AMM; no CASP required where there is no identifiable intermediary.

Turkish CMB-licensed exchange; not on the ESMA CASP register.

Phemex holds no MiCA CASP authorisation on the ESMA register and is not licensed to onboard EEA users.

Singapore-based trading-bot exchange; not on the ESMA CASP register.

Poloniex is not a MiCA-authorised CASP and does not appear on the ESMA register; check whether it still serves your EEA country.

South Korea-based exchange (ProBit Global); not on the ESMA CASP register.

Australian AUSTRAC-registered exchange; not on the ESMA CASP register.

Binance-linked Indonesian exchange; not on the ESMA CASP register.

Seychelles-registered exchange; not on the ESMA CASP register.

Fully decentralised protocol — outside MiCA scope, which (Recital 22) excludes services provided in a fully decentralised manner with no intermediary.

Korea-based exchange with no MiCA CASP authorisation in the ESMA register; not generally available to EEA users.

US/UK-based multi-asset platform; no MiCA CASP authorisation on the ESMA register.

Indian exchange restructuring after its 2024 hack; not on the ESMA register.

Singapore-based offshore exchange; not on the ESMA CASP register.

Global exchange (WOO Network); not on the ESMA CASP register.

Seychelles-registered exchange; not on the ESMA CASP register.

Japanese exchange; not on the ESMA CASP register.

Polish-rooted exchange with a pending Estonian CASP application (BB Trade Estonia); not yet on the ESMA register.