EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Myriad Capital licensed under MiCA in the European Union?
Myriad Capital's European entity (UAB Micar assets) 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 26 February 2026.
Verdict: Myriad Capital appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | UAB Micar assets |
|---|---|
| Home Member State | Lithuania |
| National Competent Authority | |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 894500R6HJP62BZX4M89 |
| Authorised services | Custody, Exchange for funds, Exchange for crypto, Order execution, Order R&T, Transfer services |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Myriad Capital
The MiCA crypto-asset authorisation associated with the 'Myriad Capital' brand is held by UAB Micar Assets, the legal entity registered as the crypto-asset service provider. Myriad Capital itself (FMÄ 'Myriad capital', UAB) is a Lithuanian-licensed financial brokerage firm whose website markets traditional investment services - shares, ETFs and bonds across Baltic and global markets, with a stated minimum of 1 EUR - rather than a consumer crypto product. According to the research, Myriad Capital is the majority shareholder of UAB Micar Assets, so the crypto-asset services described below are provided by Micar Assets, not by the brokerage directly. Sources: Myriad Capital, Bank of Lithuania
UAB Micar Assets is authorised in Lithuania, with the Bank of Lithuania as competent authority. The research reports that Micar Assets was among the first four Lithuanian companies to receive a MiCA CASP licence from the Bank of Lithuania. The services covered by this authorisation are the safekeeping and administration of crypto-assets (custody), the exchange of crypto-assets for funds and for other crypto-assets, the execution of orders, the reception and transmission of orders, and transfer services for clients. Source: Bank of Lithuania
So, on the question of whether the entity is licensed under MiCA in the EU: yes - the underlying CASP, UAB Micar Assets, holds a MiCA crypto-asset service provider authorisation in Lithuania. That licence covers custody, exchange (crypto-to-funds and crypto-to-crypto), order execution, order reception and transmission, and transfer services. It does not, on the basis of this research, extend to other MiCA services such as operating a trading platform, placing of crypto-assets, providing advice, or portfolio management, and the sources do not confirm specific consumer features such as staking, a card, or savings products. The Myriad Capital brand's own brokerage activity (founded in 2015 and based in Vilnius, per the research) is a separate, investment-firm regulated business and is not itself the MiCA-authorised entity. Sources: Bank of Lithuania, Myriad Capital MiCA announcement
Which crypto services is Myriad Capital authorised to offer in the EU?
Under its MiCA authorisation issued by Lithuania, Myriad Capital (UAB Micar assets) 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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Execution of orders for crypto-assets on behalf of clients
The exchange can place orders for you on third-party venues (smart-routing). Less common in retail crypto; relevant for brokerage-style services.
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Reception and transmission of orders for crypto-assets on behalf of clients
The exchange can receive your order and pass it to another venue for execution. Brokerage-pattern service, often paired with order execution.
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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 Myriad Capital not authorised to offer?
Myriad Capital's MiCA licence does not cover: Trading platform, Placing, Advice, Portfolio mgmt. These services may still be offered by other authorised providers, or by Myriad Capital 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 Myriad Capital in the EU?
If you transact through Myriad Capital's EEA-authorised entity (UAB Micar assets), 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 Myriad Capital's terms of service that your contracting entity is UAB Micar assets, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to Myriad Capital?
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 Myriad Capital's entry on the register:
Frequently asked questions about Myriad Capital and MiCA
Is Myriad Capital licensed under MiCA?
Yes. Myriad Capital 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 Myriad Capital 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 Myriad Capital 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 Myriad Capital'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 Myriad Capital's entry is on this page under 'Sources'.
Sources
- ESMA Register of Crypto-Asset Service Providers
- ESMA MiCA Register - Myriad Capital (UAB Micar assets)
- Myriad Capital official website
- An authorisation of a crypto-asset service provider granted to Micar Assets UAB
- Myriad Capital - official site
- Big news: UAB Micar Assets officially licensed under MiCA
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