EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is BLUE EMI licensed under MiCA in the European Union?
BLUE EMI's European entity (UAB BLUE EMI LT) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Lithuania on 13 May 2025.
Verdict: BLUE EMI appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | UAB BLUE EMI LT |
|---|---|
| Home Member State | Lithuania |
| National Competent Authority | |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 254900XFMACGD0L7AI73 |
| Authorised services | Custody |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About BLUE EMI
BLUE EMI is the brand of UAB BLUE EMI LT, a Lithuanian electronic money institution and payments business rather than a consumer crypto exchange, broker, bank or asset manager. According to its own website, the company provides card payment acceptance (Visa, Mastercard, Apple Pay, Google Pay), account-to-account payment initiation, a checkout window for e-shops, and payment and safeguarding solutions for crowdfunding platforms. Public company records cited in the research list the entity as founded on 14 January 2021 and headquartered at Antano Tumeno g. 4, Vilnius, Lithuania, with Vytenis Morkunas named as manager. Sources: blueemi.com, Rekvizitai.lt company record
Its only crypto-related offering, per its website, is a MiCAR-compliant euro e-money token: BLUE EMI describes itself as a 1:1 euro-backed stablecoin issuer aimed at decentralised finance and Web3 payments. There is no evidence in the research of a retail trading venue, multi-asset custody product, savings, staking or crypto card service for consumers. The e-money token activity sits under the MiCA rules for e-money tokens (EMTs), which is a distinct regime from the crypto-asset service provider (CASP) authorisation that governs trading, brokerage and custody services. Source: blueemi.com e-money tokens
On the licensing question, the contracting legal entity is UAB BLUE EMI LT, supervised in Lithuania by the Bank of Lithuania. The dataset used here carries a single crypto-asset service tag for the entity, Custody and administration of crypto-assets on behalf of clients, and no other CASP services such as operating a trading platform, exchange, or reception and transmission of orders. That tag should be treated with caution: the research summary states that the company is recorded by the Bank of Lithuania primarily as an electronic money issuer and currency exchange operator, that it does not appear on the ESMA CASP register, and that its MiCA CASP authorisation had not been confirmed as finalised as of mid-2026. Anyone relying on this should confirm the current entry directly in the Bank of Lithuania and ESMA registers before assuming any crypto-asset service is authorised. Sources: Bank of Lithuania register, ESMA MiCA
Which crypto services is BLUE EMI authorised to offer in the EU?
Under its MiCA authorisation issued by Lithuania, BLUE EMI (UAB BLUE EMI LT) 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.
Which services is BLUE EMI not authorised to offer?
BLUE EMI's MiCA licence does not cover: Trading platform, Exchange for funds, 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 BLUE EMI 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 BLUE EMI in the EU?
If you transact through BLUE EMI's EEA-authorised entity (UAB BLUE EMI LT), 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 BLUE EMI's terms of service that your contracting entity is UAB BLUE EMI LT, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to BLUE EMI?
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 BLUE EMI's entry on the register:
Frequently asked questions about BLUE EMI and MiCA
Is BLUE EMI licensed under MiCA?
Yes. BLUE EMI appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Lithuania.
Which EU countries can BLUE EMI 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 BLUE EMI 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 BLUE EMI'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 BLUE EMI'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.