EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Bittimaatti licensed under MiCA in the European Union?
Bittimaatti's European entity (Bittimaatti Oy) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Finland on 12 September 2025.
Verdict: Bittimaatti appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Bittimaatti Oy |
|---|---|
| Home Member State | Finland |
| National Competent Authority | |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 7437009FHK501IOCWZ66 |
| Authorised services | Exchange for funds |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Bittimaatti
Bittimaatti is a Finnish crypto-asset business that operates a network of physical cryptocurrency ATMs for buying and selling crypto with cash. Its own website describes it as 'Suomen kryptovaluutta-automaattiverkosto' (Finland's cryptocurrency ATM network) and advertises buying and selling Bitcoin and other cryptos with cash, listing live BTC, LTC and ETH buy/sell prices in euros. According to research summarising press coverage, the ATM business is connected to the wider Coinmotion/Prasos group of Finnish crypto service providers, with the ATM network having started in 2015 and the Bittimaatti Oy entity dated to 2018. Sources: bittimaatti.fi, Cision press release
The product is spot exchange at an ATM: customers buy crypto with physical cash and sell crypto back for cash. Based on the research summary, the machines accept cash only (no direct EUR/SEPA transfer at the machine), and Bittimaatti does not provide wallet custody, savings or DCA, staking, or card services - the ATM does not hold user funds. The research notes users register an account on Coinmotion to use the machines, and that euro bank-transfer functionality sits with the separate Coinmotion platform rather than with the ATMs themselves. Sources: bittimaatti.fi/en, NorriWire profile
On the legal point, the contracting legal entity is Bittimaatti Oy, established in Finland and supervised by the Finnish Financial Supervisory Authority (Finanssivalvonta, FIN-FSA). Under the ESMA MiCA register data, the authorisation covers a single crypto-asset service: exchange of crypto-assets for funds. That is the spot cash-to-crypto and crypto-to-cash activity its ATMs perform. The MiCA authorisation does not, on this record, extend to custody and administration of crypto-assets on behalf of clients, operation of a trading platform, exchange of crypto-assets for other crypto-assets, transfer services, portfolio management, or advice. Anyone checking the licence should rely on the official FIN-FSA and ESMA registers rather than marketing pages. Sources: bittimaatti.fi/en, NorriWire profile
Which crypto services is Bittimaatti authorised to offer in the EU?
Under its MiCA authorisation issued by Finland, Bittimaatti (Bittimaatti Oy) 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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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.
Which services is Bittimaatti not authorised to offer?
Bittimaatti's MiCA licence does not cover: Custody, Trading platform, Exchange for crypto, Order execution, Placing, Order R&T, Advice, Portfolio mgmt, Transfer services. These services may still be offered by other authorised providers, or by Bittimaatti 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:
What does this mean for users of Bittimaatti in the EU?
If you transact through Bittimaatti's EEA-authorised entity (Bittimaatti Oy), 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 Bittimaatti's terms of service that your contracting entity is Bittimaatti Oy, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to Bittimaatti?
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 Bittimaatti's entry on the register:
Frequently asked questions about Bittimaatti and MiCA
Is Bittimaatti licensed under MiCA?
Yes. Bittimaatti appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Finland.
Which EU countries can Bittimaatti 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 Bittimaatti 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 Bittimaatti'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 Bittimaatti'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.