EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Amdax B.V.|Amdax Group|Novelist licensed under MiCA in the European Union?
Amdax B.V.|Amdax Group|Novelist's European entity (Amdax B.V.) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Netherlands on 26 June 2025.
Verdict: Amdax B.V.|Amdax Group|Novelist appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Amdax B.V. |
|---|---|
| Home Member State | Netherlands |
| National Competent Authority | Dutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 724500T7PFN30PF3ZQ87 |
| Authorised services | Custody, Order execution, Portfolio management on crypto-assets, Transfer services |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Amdax B.V.|Amdax Group|Novelist
Amdax B.V. is a Netherlands-based crypto-asset service provider operated by Amdax Group, which according to its own materials was founded in 2019 and is headquartered in Amsterdam. The same research describes it as a consumer and institutional crypto platform - not a bank, traditional custodian, broker or standalone asset manager - offering trading, custody, automated investing and portfolio management rather than a single Bitcoin-only product. Amdax states it covers more than 30 screened crypto-assets and supports EUR funding via SEPA, and it reports operating a full-reserve custody model in which client assets are held 1-to-1 and not lent out except under an optional Yield program. Sources: Amdax, AMF white list
On the regulatory question, the contracting legal entity is Amdax B.V., established in the Netherlands and supervised by the Netherlands Authority for the Financial Markets (AFM), the national competent authority that grants MiCA authorisation in that jurisdiction. Under the MiCA framework, Amdax B.V. holds an AFM-granted authorisation for the following crypto-asset services: custody and administration of crypto-assets, execution of orders for crypto-assets, portfolio management of crypto-assets, and transfer services for crypto-assets. A MiCA authorisation can be passported across the EU, and the research indicates Amdax has been entered on national registers in other member states including France (AMF) and Spain (CNMV). Sources: AMF white list, Amdax
It is worth distinguishing what this licence covers from what it does not. The MiCA authorisation here covers custody, order execution, portfolio management and transfer services for crypto-assets. It does not, on the evidence in this research, extend to other regulated MiCA service categories such as operating a trading platform, exchanging crypto-assets against funds or other crypto-assets, placing crypto-assets, providing advice, or acting as an issuer of asset-referenced or e-money tokens. Operational features the company describes, such as staking or its Yield program, are product offerings and are not themselves separate MiCA service authorisations. Anyone relying on the licence scope should confirm the current entry directly on a competent-authority register. Source: AMF white list
Which crypto services is Amdax B.V.|Amdax Group|Novelist authorised to offer in the EU?
Under its MiCA authorisation issued by Dutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB), Amdax B.V.|Amdax Group|Novelist (Amdax B.V.) is approved to provide the following services to EEA residents. Each service is defined in Article 3(1)(16) of Regulation (EU) 2023/1114.
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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.
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Execution of orders for crypto-assets on behalf of clients
The exchange can place orders for you on third-party venues (smart-routing). Less common in retail crypto; relevant for brokerage-style services.
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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 Amdax B.V.|Amdax Group|Novelist not authorised to offer?
Amdax B.V.|Amdax Group|Novelist's MiCA licence does not cover: Trading platform, Exchange for funds, Exchange for crypto, Placing, Order R&T, Advice, Portfolio mgmt. These services may still be offered by other authorised providers, or by Amdax B.V.|Amdax Group|Novelist under a different regulatory framework (for example, derivatives may fall under MiFID II rather than MiCA). Source: ESMA Register, retrieved 30 June 2026.
See other MiCA-authorised exchanges by service:
Why is Amdax B.V.|Amdax Group|Novelist licensed in Netherlands?
The Netherlands historically had one of the strictest pre-MiCA crypto frameworks, with DNB running a stand-alone Wwft register. AFM is the MiCA-designated competent authority. Bitvavo is the dominant Dutch-licensed CASP; many global exchanges previously withdrew from the Dutch market under pre-MiCA pressure. Source: Dutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB).
| National Competent Authority | Dutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB) |
|---|---|
| Investor compensation | DSI (Dutch investor compensation scheme) cover is limited. |
| Regulatory context | Marketing rules around crypto are particularly strict; AFM has fined non-compliant promotional activity. |
What does this mean for users of Amdax B.V.|Amdax Group|Novelist in the EU?
If you transact through Amdax B.V.|Amdax Group|Novelist's EEA-authorised entity (Amdax B.V.), 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 Amdax B.V.|Amdax Group|Novelist's terms of service that your contracting entity is Amdax B.V., not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to Amdax B.V.|Amdax Group|Novelist?
Three MiCA-authorised providers to consider. Drawn from the ESMA register, never paid placement.
| Provider | Home Member State | Authorised | Services |
|---|---|---|---|
| Alaric Securities | Bulgaria | 9 services | |
| OKX | Malta | 9 services | |
| Kraken | Ireland | 8 services |
Related reading
Understand the regulatory context behind Amdax B.V.|Amdax Group|Novelist's entry on the register:
Frequently asked questions about Amdax B.V.|Amdax Group|Novelist and MiCA
Is Amdax B.V.|Amdax Group|Novelist licensed under MiCA?
Yes. Amdax B.V.|Amdax Group|Novelist appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Netherlands.
Which EU countries can Amdax B.V.|Amdax Group|Novelist 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 Amdax B.V.|Amdax Group|Novelist 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 Amdax B.V.|Amdax Group|Novelist'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 Amdax B.V.|Amdax Group|Novelist's entry is on this page under 'Sources'.
Sources
- ESMA Register of Crypto-Asset Service Providers
- Dutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB)
- ESMA MiCA Register - Amdax B.V.|Amdax Group|Novelist (Amdax B.V.)
- Amdax B.V.|Amdax Group|Novelist official website
- Amdax official website
- AMF white list - DASP/CASP entry for Amdax B.V.
- CNMV crypto-asset service providers register (Spain)
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