EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is ELECTROCOIN licensed under MiCA in the European Union?
ELECTROCOIN's European entity (ELECTROCOIN Ltd for services) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Croatia on 9 April 2026.
Verdict: ELECTROCOIN appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | ELECTROCOIN Ltd for services |
|---|---|
| Home Member State | Croatia |
| National Competent Authority | |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 747800R015JVW1T4WZ71 |
| Authorised services | Custody, Exchange for funds, Exchange for crypto |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About ELECTROCOIN
ELECTROCOIN is a Croatian crypto-asset service that lets users buy, sell and exchange cryptocurrency directly from a bank account, by card or from a crypto wallet, with or without a registered user account. Its platform quotes prices in EUR and settles through EU/SEPA bank transfer, and it also runs a crypto-payment-processing service (branded PayCek) that lets merchants accept crypto while receiving euros. According to its own site the service has been online since 2014. The business is operated by Electrocoin d.o.o. of Zagreb, Croatia, founded and led by Nikola Skoric. Sources: electrocoin.eu, PayCek
On the regulatory point, the entity that contracts for crypto-asset services under MiCA is listed as ELECTROCOIN Ltd for services, authorised in Croatia by the Croatian Financial Services Supervisory Agency (HANFA). The authorisation appears on the French regulator's white list of MiCA crypto-asset service providers, reflecting the EU passport that lets a HANFA-authorised CASP offer services in other member states such as France. Sources: ELECTROCOIN legal information, AMF white list
The MiCA authorisation on this record covers three crypto-asset services: custody and administration of crypto-assets on behalf of clients, exchange of crypto-assets for funds, and exchange of crypto-assets for other crypto-assets. That scope supports the buy, sell, exchange and custody functions described above. It does not, on this record, extend to other MiCA services such as operating a trading platform, executing or receiving and transmitting orders, placement, providing advice, or portfolio management, so the licence should be read as covering exchange and custody, not those additional activities. Sources: ELECTROCOIN legal information, AMF white list
Which crypto services is ELECTROCOIN authorised to offer in the EU?
Under its MiCA authorisation issued by Croatia, ELECTROCOIN (ELECTROCOIN Ltd for services) 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.
Which services is ELECTROCOIN not authorised to offer?
ELECTROCOIN's MiCA licence does not cover: Trading platform, Order execution, Placing, Order R&T, Advice, Portfolio mgmt, Transfer services. These services may still be offered by other authorised providers, or by ELECTROCOIN 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 ELECTROCOIN in the EU?
If you transact through ELECTROCOIN's EEA-authorised entity (ELECTROCOIN Ltd for services), 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 ELECTROCOIN's terms of service that your contracting entity is ELECTROCOIN Ltd for services, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to ELECTROCOIN?
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 ELECTROCOIN's entry on the register:
Frequently asked questions about ELECTROCOIN and MiCA
Is ELECTROCOIN licensed under MiCA?
Yes. ELECTROCOIN appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Croatia.
Which EU countries can ELECTROCOIN 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 ELECTROCOIN 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 ELECTROCOIN'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 ELECTROCOIN'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.