EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is NBX | Norwegian Block Exchange licensed under MiCA in the European Union?
NBX | Norwegian Block Exchange's European entity (Norwegian Block Exchange AS) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Norway on 29 June 2026.
Verdict: NBX | Norwegian Block Exchange appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Norwegian Block Exchange AS |
|---|---|
| Home Member State | Norway |
| National Competent Authority | |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 5493004WNVZP9EMYI834 |
| Authorised services | Custody, Operating a trading platform, Exchange for funds, Exchange for crypto, Order execution, Order R&T, Transfer services |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 18 July 2026.
About NBX | Norwegian Block Exchange
Norwegian Block Exchange (NBX) is a Norwegian crypto-asset exchange operated by Norwegian Block Exchange AS, with its legal seat registered at Arnstein Arnebergs vei 30, 1366 Lysaker (Akershus), Norway per the Finanstilsynet virksomhetsregisteret. NBX describes itself in its investor communications as an Oslo-headquartered company; the legal address on the supervisory register is in Lysaker, part of the Greater Oslo area. NBX holds two authorisations from the Norwegian Financial Supervisory Authority (Finanstilsynet): an E-money institution licence registered on 22 January 2024, and a MiCA CASP authorisation registered on 29 June 2026 (announced by NBX on 30 June 2026). Its LEI is 5493004WNVZP9EMYI834. Sources: Finanstilsynet virksomhetsregisteret, NBX MiCA grant announcement
Under MiCA (Regulation (EU) 2023/1114), Norwegian Block Exchange AS is authorised for seven of the ten crypto-asset services: custody and administration, operation of a trading platform, exchange of crypto-assets for funds, exchange of crypto-assets for other crypto-assets, execution of orders, reception and transmission of orders, and transfer services. Placing of crypto-assets, providing advice, and portfolio management are not part of the current authorisation. NBX has notified its authorisation in Norway only; no EEA passporting is on file as of the retrieval date. Source: Finanstilsynet virksomhetsregisteret
NBX previously announced an "NBX Visa" credit card programme linked to its exchange balance, but on 7 July 2025 NBX disclosed that the credit card programme was paused: NBX stated it was without a credit provider and had to discontinue the NBX Visa Credit Card, and that no cards had been issued in 2025 pending its registration as a loan provider with the Norwegian supervisor. The card is therefore not an active consumer product as of the retrieval date. Source: NBX credit card programme pause disclosure
Which crypto services is NBX | Norwegian Block Exchange authorised to offer in the EU?
Under its MiCA authorisation issued by Norway, NBX | Norwegian Block Exchange (Norwegian Block Exchange AS) 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 NBX | Norwegian Block Exchange not authorised to offer?
NBX | Norwegian Block Exchange's MiCA licence does not cover: Trading platform, Placing, Advice, Portfolio mgmt. These services may still be offered by other authorised providers, or by NBX | Norwegian Block Exchange under a different regulatory framework (for example, derivatives may fall under MiFID II rather than MiCA). Source: ESMA Register, retrieved 18 July 2026.
See other MiCA-authorised exchanges by service:
What does this mean for users of NBX | Norwegian Block Exchange in the EU?
If you transact through NBX | Norwegian Block Exchange's EEA-authorised entity (Norwegian Block Exchange AS), 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 NBX | Norwegian Block Exchange's terms of service that your contracting entity is Norwegian Block Exchange AS, not a non-EEA affiliate.
Related reading
Understand the regulatory context behind NBX | Norwegian Block Exchange's entry on the register:
Frequently asked questions about NBX | Norwegian Block Exchange and MiCA
Is NBX | Norwegian Block Exchange licensed under MiCA?
Yes. NBX | Norwegian Block Exchange appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Norway.
Which EU countries can NBX | Norwegian Block Exchange 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 NBX | Norwegian Block Exchange 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 NBX | Norwegian Block Exchange'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 NBX | Norwegian Block Exchange'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.