EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Fiat Republic Netherlands B.V. licensed under MiCA in the European Union?
Fiat Republic Netherlands B.V.'s European entity (Fiat Republic Netherlands B.V.) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Netherlands on 5 August 2025.
Verdict: Fiat Republic Netherlands B.V. appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Fiat Republic Netherlands B.V. |
|---|---|
| Home Member State | Netherlands |
| National Competent Authority | Dutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 724500GVWT7QULV8CR59 |
| Authorised services | Custody, Transfer services |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Fiat Republic Netherlands B.V.
Fiat Republic Netherlands B.V. is not a consumer crypto exchange or wallet. It is a business-to-business banking and payments infrastructure provider that lets regulated crypto platforms, exchanges and other digital-asset firms plug into fiat banking rails. On its website the company describes itself as a 'B2B neo-bank for crypto' whose service is offered to crypto businesses rather than to retail users, providing virtual accounts, treasury management and global payment services including SEPA in the EU and Faster Payments in the UK. Sources: Fiat Republic website, Fiat Republic - crypto platforms
The Netherlands entity is part of the Fiat Republic group, whose parent Fiat Republic Ltd is reported to be based in London and founded in 2021. Research sources describe Fiat Republic Netherlands B.V. as an electronic money institution registered in the Netherlands rather than a deposit-taking bank, meaning it is not authorised to take deposits from the public; its registered local address is in Amsterdam. Because it serves institutional clients via API, any trading, custody, savings or staking features it references are made available to those crypto-platform clients, not directly to individual consumers. Sources: Fiat Republic company profile, Osborne Clarke - Dutch e-money licence
On the MiCA question: the contracting legal entity is Fiat Republic Netherlands B.V., supervised in the Netherlands by the Authority for the Financial Markets (AFM). Under the ESMA register of authorised crypto-asset service providers, it is authorised for two MiCA services - custody and administration of crypto-assets on behalf of clients, and transfer services for crypto-assets. That authorisation does not cover other MiCA services such as operating a trading platform, exchange of crypto-assets, placing, reception and transmission of orders, execution of orders, advice or portfolio management. So in short, yes, the entity holds a MiCA authorisation in the EU, but a narrow one limited to custody and transfer. Sources: AMF MiCA white list - Fiat Republic Netherlands B.V., Fiat Republic website
Which crypto services is Fiat Republic Netherlands B.V. authorised to offer in the EU?
Under its MiCA authorisation issued by Dutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB), Fiat Republic Netherlands B.V. (Fiat Republic Netherlands B.V.) 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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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 Fiat Republic Netherlands B.V. not authorised to offer?
Fiat Republic Netherlands B.V.'s MiCA licence does not cover: Trading platform, Exchange for funds, Exchange for crypto, Order execution, Placing, Order R&T, Advice, Portfolio mgmt. These services may still be offered by other authorised providers, or by Fiat Republic Netherlands B.V. 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:
Why is Fiat Republic Netherlands B.V. licensed in Netherlands?
The Netherlands historically had one of the strictest pre-MiCA crypto frameworks, with DNB running a stand-alone Wwft register. AFM is the MiCA-designated competent authority. Bitvavo is the dominant Dutch-licensed CASP; many global exchanges previously withdrew from the Dutch market under pre-MiCA pressure. Source: Dutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB).
| National Competent Authority | Dutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB) |
|---|---|
| Investor compensation | DSI (Dutch investor compensation scheme) cover is limited. |
| Regulatory context | Marketing rules around crypto are particularly strict; AFM has fined non-compliant promotional activity. |
What does this mean for users of Fiat Republic Netherlands B.V. in the EU?
If you transact through Fiat Republic Netherlands B.V.'s EEA-authorised entity (Fiat Republic Netherlands B.V.), 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 Fiat Republic Netherlands B.V.'s terms of service that your contracting entity is Fiat Republic Netherlands B.V., not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to Fiat Republic Netherlands B.V.?
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 Fiat Republic Netherlands B.V.'s entry on the register:
Frequently asked questions about Fiat Republic Netherlands B.V. and MiCA
Is Fiat Republic Netherlands B.V. licensed under MiCA?
Yes. Fiat Republic Netherlands B.V. appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Netherlands.
Which EU countries can Fiat Republic Netherlands B.V. 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 Fiat Republic Netherlands B.V. 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 Fiat Republic Netherlands B.V.'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 Fiat Republic Netherlands B.V.'s entry is on this page under 'Sources'.
Sources
- ESMA Register of Crypto-Asset Service Providers
- Dutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB)
- ESMA MiCA Register - Fiat Republic Netherlands B.V. (Fiat Republic Netherlands B.V.)
- Fiat Republic Netherlands B.V. official website
- AMF MiCA DASP/CASP white list - Fiat Republic Netherlands B.V.
- Osborne Clarke - Fiat Republic Dutch e-money licence
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