EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is RULEMATCH licensed under MiCA in the European Union?
RULEMATCH's European entity (RULEMATCH Europe AG) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Liechtenstein on 1 June 2026.
Verdict: RULEMATCH appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | RULEMATCH Europe AG |
|---|---|
| Home Member State | Liechtenstein |
| National Competent Authority | |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 529900PEBGKH34UTD845 |
| Authorised services | Custody, Operating a trading platform, Transfer services |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About RULEMATCH
RULEMATCH is an institutional crypto-asset trading venue, not a consumer exchange. The platform serving the European Economic Area is operated by RULEMATCH Europe AG, a company based in Vaduz, Liechtenstein, which on its own site describes itself as 'the exchange for MiCA institutions' and states it is purpose-built for MiCA-regulated institutions. Per the research summary, the European entity is a subsidiary of RULEMATCH AG, a Zurich, Switzerland based parent. Access and onboarding are aimed at banks, investment firms and other financial institutions rather than retail users. Source: RULEMATCH Europe
On the service itself, RULEMATCH operates as a non-discretionary market operator that runs a multi-dealer Request-for-Quote market and explicitly states it 'is not a broker, and does not act as a counterparty at any time.' It combines trading with post-trade clearing and settlement on a single platform using simultaneous Delivery vs Payment, with no pre-funding and configurable settlement windows. According to the research summary, trading is spot only - covering Bitcoin and Ethereum against USD - with no EUR/SEPA support and no custody-for-retail, savings, staking or card products. The matching and market-surveillance technology is described on the site as Nasdaq technology. Sources: RULEMATCH Europe, Markets Media
On the legal point, the contracting entity is RULEMATCH Europe AG, which the company states is a crypto-asset service provider authorized under MiCAR and supervised by the Financial Market Authority (FMA) of Liechtenstein. Per the research summary, its MiCA authorisation covers three services: providing custody and administration of crypto-assets on behalf of clients, operating a trading platform for crypto-assets, and providing transfer services for crypto-assets. The authorisation does not extend to other MiCA services such as exchanging crypto-assets for funds or other crypto-assets, executing orders, placing, reception and transmission of orders, providing advice, or portfolio management. As a venue built for already-regulated institutions, RULEMATCH is best read as a piece of market infrastructure rather than a product an individual consumer would open an account with. Source: RULEMATCH Europe
Which crypto services is RULEMATCH authorised to offer in the EU?
Under its MiCA authorisation issued by Liechtenstein, RULEMATCH (RULEMATCH Europe AG) 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 RULEMATCH not authorised to offer?
RULEMATCH'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 RULEMATCH 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 RULEMATCH in the EU?
If you transact through RULEMATCH's EEA-authorised entity (RULEMATCH Europe AG), 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 RULEMATCH's terms of service that your contracting entity is RULEMATCH Europe AG, not a non-EEA affiliate.
Related reading
Understand the regulatory context behind RULEMATCH's entry on the register:
Frequently asked questions about RULEMATCH and MiCA
Is RULEMATCH licensed under MiCA?
Yes. RULEMATCH appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Liechtenstein.
Which EU countries can RULEMATCH 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 RULEMATCH 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 RULEMATCH'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 RULEMATCH'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.