EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is NorthCrypto licensed under MiCA in the European Union?
NorthCrypto's European entity (NorthCrypto 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 25 November 2025.
Verdict: NorthCrypto appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | NorthCrypto Oy |
|---|---|
| Home Member State | Finland |
| National Competent Authority | |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 743700CHRVVP342JOA67 |
| Authorised services | Custody |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About NorthCrypto
NorthCrypto is a Finnish retail crypto-asset trading platform operated by NorthCrypto Oy, headquartered in Turku, Finland. According to research summarising the company's own disclosures, NorthCrypto Oy was founded in 2018 and is a subsidiary of the Swedish GreenMerc AB group, which is listed on the Nordic Growth Market. The platform lets users buy, sell and store cryptocurrencies, and NorthCrypto states on its website that it offers more than 250 to 260 different crypto-assets, including Bitcoin, Ethereum, XRP, Solana and the stablecoin USDC. Sources: NorthCrypto website, NorthCrypto - About us
The service is aimed at euro-area retail investors. NorthCrypto reports that customers fund their accounts by bank transfer from a Finnish or European bank and can verify their identity using online banking credentials. It also describes a recurring-purchase feature for automated weekly or monthly crypto savings, and offers cold-wallet storage in which it holds customer assets in offline wallets on their behalf. A separate NorthCrypto Private service is offered to clients with at least 100,000 euros in investable wealth and, per the company, includes the ability to earn yield on crypto investments. NorthCrypto describes its trading fees as starting at 1.0% and falling toward 0.6% for active traders. These are the company's own descriptions of its product. Sources: NorthCrypto website, NorthCrypto Private
On the legal point, the contracting entity is NorthCrypto Oy, supervised in Finland by the Finnish Financial Supervisory Authority (Finanssivalvonta, FIN-FSA). NorthCrypto states on its website that it has received a MiCA-compliant crypto-asset service provider (CASP) licence from the FIN-FSA. Under the ESMA register data used for this profile, the MiCA authorisation covers the provision of custody and administration of crypto-assets on behalf of clients. It does not, on that data, extend to other distinct MiCA services such as operating a trading platform, exchange of crypto-assets for funds or for other crypto-assets, execution or reception and transmission of orders, placing, advice or portfolio management. Anyone relying on the licence should confirm the current scope directly with the FIN-FSA, as a MiCA authorisation lists the specific services it permits. Sources: NorthCrypto website, NorthCrypto - About us
Which crypto services is NorthCrypto authorised to offer in the EU?
Under its MiCA authorisation issued by Finland, NorthCrypto (NorthCrypto 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.
-
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 NorthCrypto not authorised to offer?
NorthCrypto'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 NorthCrypto 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 NorthCrypto in the EU?
If you transact through NorthCrypto's EEA-authorised entity (NorthCrypto 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 NorthCrypto's terms of service that your contracting entity is NorthCrypto Oy, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to NorthCrypto?
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 NorthCrypto's entry on the register:
Frequently asked questions about NorthCrypto and MiCA
Is NorthCrypto licensed under MiCA?
Yes. NorthCrypto 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 NorthCrypto 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 NorthCrypto 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 NorthCrypto'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 NorthCrypto'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.