EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is AlphaRoute licensed under MiCA in the European Union?
AlphaRoute's European entity (SIA AlphaRoute) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Latvia on 18 June 2026.
Verdict: AlphaRoute appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | SIA AlphaRoute |
|---|---|
| Home Member State | Latvia |
| National Competent Authority | |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 259400JCJJ78A4ZCXP93 |
| Authorised services | Custody, Operating a trading platform, Exchange for funds, Exchange for crypto, Placing, Transfer services |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 18 July 2026.
Which crypto services is AlphaRoute authorised to offer in the EU?
Under its MiCA authorisation issued by Latvia, AlphaRoute (SIA AlphaRoute) is approved to provide the following services to EEA residents. Each service is defined in Article 3(1)(16) of Regulation (EU) 2023/1114.
-
Providing custody and administration of crypto-assets on behalf of clients
The exchange holds your crypto in its own wallets. Authorisation here means MiCA's segregation and insurance rules apply: client crypto-assets must be ring-fenced from the exchange's own funds.
-
Exchange of crypto-assets for funds
The exchange offers crypto-to-fiat (e.g. BTC to EUR) and fiat-to-crypto conversion. Authorisation here implies MiCA's pricing transparency requirements.
-
Exchange of crypto-assets for other crypto-assets
The exchange offers crypto-to-crypto trading (e.g. BTC to ETH). Required for most spot trading pairs not denominated in fiat.
-
Placing of crypto-assets
The exchange can underwrite or distribute new crypto-asset issuances. Relevant for primary offerings and structured token launches.
-
Providing transfer services for crypto-assets on behalf of clients
The exchange can move crypto between addresses on your behalf, including off-platform withdrawals. The Travel Rule applies to these transfers.
Which services is AlphaRoute not authorised to offer?
AlphaRoute's MiCA licence does not cover: Trading platform, Order execution, Order R&T, Advice, Portfolio mgmt. These services may still be offered by other authorised providers, or by AlphaRoute under a different regulatory framework (for example, derivatives may fall under MiFID II rather than MiCA). Source: ESMA Register, retrieved 18 July 2026.
See other MiCA-authorised exchanges by service:
What does this mean for users of AlphaRoute in the EU?
If you transact through AlphaRoute's EEA-authorised entity (SIA AlphaRoute), the protections introduced by MiCA apply to your relationship from onwards. In practical terms this means: client crypto-assets are ring-fenced from the exchange's own funds (Article 70 MiCA), the authorised entity holds prudential capital, has formal complaint-handling procedures, and is subject to transparency obligations on fees and order execution. Source: Regulation (EU) 2023/1114.
One thing to verify yourself: the legal entity you contract with day-to-day must match the entity in the ESMA register. Some global exchanges operate multiple legal entities under one brand. Confirm in AlphaRoute's terms of service that your contracting entity is SIA AlphaRoute, not a non-EEA affiliate.
Related reading
Understand the regulatory context behind AlphaRoute's entry on the register:
Frequently asked questions about AlphaRoute and MiCA
Is AlphaRoute licensed under MiCA?
Yes. AlphaRoute appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Latvia.
Which EU countries can AlphaRoute serve under this licence?
A MiCA authorisation in one EEA member state permits passporting across all EEA member states, subject to a notification process to each host-state regulator.
Are my crypto-assets on AlphaRoute protected under MiCA?
MiCA introduces ring-fencing of client crypto-assets, prudential capital requirements for the authorised entity, complaint-handling obligations, and conduct rules. It does not provide a deposit-guarantee scheme equivalent to bank deposit insurance.
What's the difference between the authorised entity and the global brand?
Some global exchanges operate multiple legal entities. The MiCA authorisation applies only to the specific legal entity in the ESMA register, not to the global brand. Verify the contracting entity in AlphaRoute's terms of service.
Where can I check the official record?
The ESMA register publishes the authoritative list and updates it weekly. The direct link to AlphaRoute's entry is on this page under 'Sources'.
Sources
This page is updated weekly. Last verified . If you believe any information on this page is inaccurate, write to our contact page.