EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is BlockBen licensed under MiCA in the European Union?
BlockBen's European entity (BlockBen SIA) 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 3 December 2025.
Verdict: BlockBen appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | BlockBen SIA |
|---|---|
| Home Member State | Latvia |
| National Competent Authority | |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 254900BBV7FA7LUG5913 |
| Authorised services | Custody, Exchange for funds, Exchange for crypto, Placing, Transfer services |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About BlockBen
BlockBen is a regulated EU crypto-asset launchpad operated by BlockBen SIA, a Latvia-registered company that describes itself as having operated as an EU crypto business since 2018. The platform centres on a mobile app through which users top up with EURC via bank transfer, buy and transfer digital assets, and access pre-sale tokens issued on the company's proprietary Natrix hybrid blockchain, with a bridge to Ethereum. BlockBen states it has had nearly eight years of EU-regulated experience and positions itself as a launchpad for early access to tokens such as CROWDX, BSO and eBSO rather than as a broad consumer spot exchange. Source: blockben.com
According to research, BlockBen SIA is owned by a company with Hungarian ownership; the Latvian entity itself was registered on 20 May 2025 and is headquartered at Krisjana Valdemara iela 21-11, Riga, LV-1010, Latvia. Sources describe BlockBen primarily as a business-to-business crypto launchpad focused on utility-token issuance and pre-sale access, alongside multi-asset exchange, custody and transfer functions, rather than a bank, custodian, broker or consumer asset manager. Sources: Latvian Enterprise Register (LEI), BlockBen About Us
On the legal point, the contracting entity is BlockBen SIA and its national regulator is Latvijas Banka (the Bank of Latvia). Reporting states that Latvijas Banka granted BlockBen SIA Latvia's first MiCA crypto-asset service provider (CASP) authorisation on 3 December 2025, which passports across the EU. Under that authorisation the ESMA services BlockBen is recorded as covering are custody and administration of crypto-assets, exchange of crypto-assets for funds, exchange of crypto-assets for other crypto-assets, placing of crypto-assets, and transfer services. Services outside that list - for example operating a trading platform, reception and transmission of orders, execution of orders on behalf of clients, providing advice, or portfolio management - are not part of the recorded permissions, and the MiCA CASP licence does not cover staking, savings products or card issuance. Sources: FintechNews Baltic, blockben.com
Which crypto services is BlockBen authorised to offer in the EU?
Under its MiCA authorisation issued by Latvia, BlockBen (BlockBen SIA) 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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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.
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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.
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Placing of crypto-assets
The exchange can underwrite or distribute new crypto-asset issuances. Relevant for primary offerings and structured token launches.
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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 BlockBen not authorised to offer?
BlockBen'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 BlockBen 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 BlockBen in the EU?
If you transact through BlockBen's EEA-authorised entity (BlockBen SIA), 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 BlockBen's terms of service that your contracting entity is BlockBen SIA, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to BlockBen?
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 BlockBen's entry on the register:
Frequently asked questions about BlockBen and MiCA
Is BlockBen licensed under MiCA?
Yes. BlockBen 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 BlockBen 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 BlockBen 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 BlockBen'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 BlockBen'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.