2026-07-11 · 865 words · 4 min
MiCA-Licensed Crypto Exchanges: The Full List (July 2026) + Capital Requirements
All 280 CASP-authorized providers under MiCA as of July 2026: which major exchanges are licensed (Bybit, Kraken, Coinbase, OKX), which are missing (Binance, MEXC), where they're licensed, and the €50k–€150k capital requirements explained.
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Last updated: July 11, 2026 · ~6 min read
Quick answer
As of July 9, 2026, 280 firms hold a full CASP authorization under MiCA (official ESMA register). Major licensed exchanges include Bybit (Austria), Kraken (Ireland), Coinbase (Luxembourg), OKX (Malta), Crypto.com (Malta), Bitpanda (Austria) and Bitstamp (Luxembourg). Binance, MEXC, Bitget and HTX do not appear in the register as of that date. A CASP license requires €50,000–€150,000 in minimum capital depending on the services offered — and it "passports" across all 30 EU/EEA markets.
🎁 Trade on a MiCA-licensed exchange — Bybit, up to $30,000 in welcome rewards (my link)
⚠️ Disclosure: independent guide — nobody paid for placement on this list. It links to Bybit, the exchange I personally trade on (MiCA-licensed via Austria's FMA); referral link, your fees stay the same. Every claim below is checkable in the official register.
The register at a glance
| Item | Detail |
|---|---|
| Authorized CASPs | 280 (ESMA register, verified July 9, 2026) |
| Markets covered | 30 EU/EEA countries, 25 national regulators |
| Top licensing hubs | Germany (57), France (31), Netherlands (28), Malta (22), Cyprus (20) |
| Minimum capital | €50k / €125k / €150k by service class (MiCA Art. 67, Annex IV) |
| One license, whole EU | Yes — CASP authorization passports across EU/EEA |
| Full searchable register | casptracker.eu (built from ESMA data) |
Major exchanges that ARE MiCA-licensed
| Exchange | Licensed entity | Country | Regulator |
|---|---|---|---|
| Bybit | Bybit EU GmbH | 🇦🇹 Austria | FMA |
| Kraken | Payward Europe Solutions Ltd | 🇮🇪 Ireland | CBI |
| Coinbase | Coinbase Luxembourg S.A. | 🇱🇺 Luxembourg | CSSF |
| OKX | OKX Europe Ltd | 🇲🇹 Malta | MFSA |
| Crypto.com | Foris DAX MT Ltd | 🇲🇹 Malta | MFSA |
| Bitpanda | Bitpanda GmbH | 🇦🇹 Austria | FMA |
| Bitstamp | Bitstamp Europe S.A. | 🇱🇺 Luxembourg | CSSF |
| Gemini | Gemini Intergalactic EU Ltd | 🇲🇹 Malta | MFSA |
| KuCoin EU | KuCoin EU Exchange GmbH | 🇦🇹 Austria | FMA |
| Gate | Gate Technology Ltd | 🇲🇹 Malta | MFSA |
| Bitvavo | Bitvavo B.V. | 🇳🇱 Netherlands | AFM |
| eToro | eToro (Europe) Ltd | 🇨🇾 Cyprus | CySEC |
| Revolut | Revolut Digital Assets (Europe) Ltd | 🇨🇾 Cyprus | CySEC |
| Robinhood | Robinhood Europe UAB | 🇱🇹 Lithuania | LSC |
| bitFlyer | bitFlyer EUROPE S.A. | 🇱🇺 Luxembourg | CSSF |
| WhiteBIT EU | WB-Shields Innovations GmbH | 🇦🇹 Austria | FMA |
Note the pattern: it's always a dedicated EU entity ("Bybit EU GmbH", "OKX Europe Ltd") — the global brand licenses a European subsidiary, and that subsidiary is what legally serves you.

The big names that are NOT in the register
As of July 9, 2026, these exchanges do not appear in the ESMA register: Binance, MEXC, Bitget, HTX, Bitfinex. That doesn't automatically mean "scam" — an entity may be mid-application or operate under a name you don't recognize — but the practical consequence is identical either way: MiCA's client protections do not cover assets held with an unauthorized provider (ESMA). If you're in the EU and your exchange is on this second list, read the 30-second register check and act while withdrawals are open.
Where CASPs get licensed
Germany leads with 57 authorizations (BaFin), followed by France (31, AMF), the Netherlands (28, AFM), Malta (22, MFSA) and Cyprus (20, CySEC). Austria — home of Bybit EU and KuCoin EU — has 10. The country matters less than you'd think: one authorization passports across all 30 EU/EEA markets, which is why an Austrian license legally serves a user in Spain or Poland.

MiCA capital requirements: what a license actually costs
This is the part most articles skip. Under Article 67 and Annex IV of Regulation (EU) 2023/1114, a CASP must permanently hold minimum own funds by service class:
| Class | Services | Minimum capital |
|---|---|---|
| Class 1 | Advice, order reception/transmission & execution, placing, transfers | €50,000 |
| Class 2 | Class 1 + custody, exchange crypto↔fiat and crypto↔crypto | €125,000 |
| Class 3 | Class 2 + operating a trading platform | €150,000 |
Two extra rules: if a quarter of last year's fixed overheads is higher than the class minimum, the CASP must hold that larger amount instead; and the requirement can be met with own funds, an EU-wide insurance policy, or a combination. In practice, total compliance cost (staff, audits, governance) runs far above the capital floor — which is exactly why the register holds 280 names and not 2,800.
How to use this list
- Find your exchange in the table above or search all 280 entries at casptracker.eu.
- Not there? Check the official register walk-through — and don't keep serious money on an unauthorized venue.
- Choosing a new exchange? Filter by license first, features second. My own pick is Bybit — licensed via Austria's FMA in May 2025.
Sources: MiCA register via casptracker.eu · ESMA — MiCA · Regulation (EU) 2023/1114, Art. 67 & Annex IV · FMA Austria — Bybit EU authorization
Frequently asked
Is Binance MiCA-licensed?+
As of July 9, 2026, Binance does not appear in the ESMA register of authorized CASPs. Until it does, MiCA's protections don't apply to assets held there for EU users.
Is Bybit MiCA-licensed?+
Yes. Bybit EU GmbH was authorized by Austria's FMA in May 2025 and appears in the register.
How many exchanges are MiCA-licensed?+
280 firms hold a full CASP authorization as of July 9, 2026. The register grows weekly.
What are the MiCA capital requirements?+
€50,000 (Class 1), €125,000 (Class 2) or €150,000 (Class 3), or one quarter of annual fixed overheads if that's higher (MiCA Art. 67, Annex IV).
Does one EU license work in every EU country?+
Yes, a CASP authorization passports across all EU/EEA markets.
Where is the official list?+
ESMA's public register; a searchable view is casptracker.eu. Verify critical decisions against the ESMA source.
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