EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Olmipay licensed under MiCA in the European Union?
Olmipay's European entity (Olmipay Limited) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Malta on 29 May 2026.
Verdict: Olmipay appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Olmipay Limited |
|---|---|
| Home Member State | Malta |
| National Competent Authority | Malta Financial Services Authority (MFSA) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 984500F9M4XF7C5E5E25 |
| Authorised services | Custody, Order execution, Placing, Order R&T, Transfer services |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Olmipay
Olmipay is a Malta-based fintech company that provides crypto-asset services. The contracting legal entity is Olmipay Limited (also recorded as Olmipay Ltd.), registered in Malta under company number MT C 112662 at 171 Triq L-Ifran, VLT 1455 Valletta. Public research describes it as a fintech firm offering crypto-asset services rather than a bank, custodian, broker or asset manager. Its own website (olmipay.com) is noted as upcoming, so there is limited first-party product disclosure available at the time of writing. Sources: North Data company record, Blockspot company data
Under MiCA, the crypto-asset services recorded for Olmipay in public research cover custody and administration of crypto-assets on behalf of clients, execution of orders for crypto-assets, placing of crypto-assets, reception and transmission of orders for crypto-assets, and transfer services for crypto-assets. The competent authority is the Malta Financial Services Authority (MFSA). The available research does not specify which crypto-assets are supported, nor whether the entity offers spot trading, savings, staking, card products or EUR/SEPA functionality, so these cannot be confirmed here. Sources: MFSA crypto-assets, Blockspot company data
These recorded services do not extend to providing advice on crypto-assets, portfolio management of crypto-assets, or exchange of crypto-assets for funds or other crypto-assets as a separately authorised activity. Public sources reviewed do not state Olmipay's founding year, and they do not independently confirm a specific MiCA CASP authorisation number or status for Olmipay Limited; readers should verify the entity's current standing directly on the MFSA Financial Services Register before relying on it. Sources: MFSA crypto-assets, Blockspot company data
Which crypto services is Olmipay authorised to offer in the EU?
Under its MiCA authorisation issued by Malta Financial Services Authority (MFSA), Olmipay (Olmipay Limited) 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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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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Placing of crypto-assets
The exchange can underwrite or distribute new crypto-asset issuances. Relevant for primary offerings and structured token launches.
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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 Olmipay not authorised to offer?
Olmipay's MiCA licence does not cover: Trading platform, Exchange for funds, Exchange for crypto, Advice, Portfolio mgmt. These services may still be offered by other authorised providers, or by Olmipay 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 Olmipay licensed in Malta?
Malta was an early MiCA mover, granting the first authorisations on 27 January 2025. The MFSA had pre-existing experience under Malta's Virtual Financial Assets Act (2018), which gave it institutional readiness most other national competent authorities lacked. Several global exchanges chose Malta for their EU passporting hub, including OKX, Crypto.com and Gemini. Source: Malta Financial Services Authority (MFSA).
| National Competent Authority | Malta Financial Services Authority (MFSA) |
|---|---|
| Investor compensation | Malta Investor Compensation Scheme provides limited cover; check directly with MFSA for crypto-specific scope. |
| Regulatory context | Malta hosts the highest number of MiCA-authorised CASPs from major global brands. |
What does this mean for users of Olmipay in the EU?
If you transact through Olmipay's EEA-authorised entity (Olmipay Limited), 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 Olmipay's terms of service that your contracting entity is Olmipay Limited, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to Olmipay?
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 Olmipay's entry on the register:
Frequently asked questions about Olmipay and MiCA
Is Olmipay licensed under MiCA?
Yes. Olmipay appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Malta.
Which EU countries can Olmipay 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 Olmipay 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 Olmipay'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 Olmipay'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.