EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Coinmotion licensed under MiCA in the European Union?
Coinmotion's European entity (Coinmotion 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 2 July 2025.
Verdict: Coinmotion appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Coinmotion Oy |
|---|---|
| Home Member State | Finland |
| National Competent Authority | |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 743700PZG5RRF7SA4Q58 |
| Authorised services | Custody |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Coinmotion
Coinmotion is a Finnish consumer crypto investing service operated by Coinmotion Oy (also referred to in research as Prasos Ltd, the licensed Finnish entity trading as Coinmotion), based in Jyväskylä, Finland and operating since 2012. The platform positions itself as a local, everyday tool for buying, selling, saving and storing crypto-assets, and its own site states it offers over 300 cryptocurrencies, monthly savings (euro-cost averaging), an investment calculator and customer support in Finnish and Swedish. Coinmotion states it is "Finland's first crypto asset service provider licensed by the Financial Supervisory Authority" and reports over 150,000 Nordic users. Source: coinmotion.com
On services, the research describes a spot brokerage model: buy and sell of Bitcoin, Ethereum and many other crypto-assets, secure custody (cold storage), monthly savings/DCA, EUR and SEPA transfers, and OTC trading for wealth clients. The research summary notes that, as described, Coinmotion does not currently offer staking or a consumer crypto spending card. The company explicitly states it is not a bank and does not provide the deposit guarantee typical of EU banks. These are descriptions of the product offering, not of regulatory permissions. Sources: Coinmotion platform and licence page, Coinmotion operator and wealth overview
On the legal point, the contracting Finnish entity is supervised by Finanssivalvonta (the Finnish Financial Supervisory Authority, FIN-FSA). The MiCA service reference in this record covers Custody (custody and administration of crypto-assets on behalf of clients) only; it does not, on the data here, extend to other MiCA services such as operating a trading platform, exchange, or order execution. Readers should note an important caveat: the research summary indicates that, as of mid-2026, Coinmotion has historically operated under a pre-MiCA Finnish Virtual Currency Service Provider registration and a Payment Institution licence (reference FIVA 36/02.02.00/2018) rather than a confirmed MiCA CASP authorisation, so the exact authorisation status and the full list of permitted MiCA services should be verified directly against the FIN-FSA register before relying on it. Sources: Coinmotion company page, Coinmotion licence disclosure
Which crypto services is Coinmotion authorised to offer in the EU?
Under its MiCA authorisation issued by Finland, Coinmotion (Coinmotion 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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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 Coinmotion not authorised to offer?
Coinmotion'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 Coinmotion 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 Coinmotion in the EU?
If you transact through Coinmotion's EEA-authorised entity (Coinmotion 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 Coinmotion's terms of service that your contracting entity is Coinmotion Oy, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to Coinmotion?
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 Coinmotion's entry on the register:
Frequently asked questions about Coinmotion and MiCA
Is Coinmotion licensed under MiCA?
Yes. Coinmotion 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 Coinmotion 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 Coinmotion 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 Coinmotion'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 Coinmotion'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.