EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Skrill, NETELLER licensed under MiCA in the European Union?
Skrill, NETELLER's European entity (Paysafe Payment Solutions Limited.) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Ireland on 3 December 2025.
Verdict: Skrill, NETELLER appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Paysafe Payment Solutions Limited. |
|---|---|
| Home Member State | Ireland |
| National Competent Authority | Central Bank of Ireland (CBI) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 213800QBQVHWRBHJTA89 |
| Authorised services | Custody, Exchange for funds, Exchange for crypto, Transfer services |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Skrill, NETELLER
Skrill and NETELLER are consumer digital-wallet brands operated by Paysafe. Both are run by the contracting legal entity Paysafe Payment Solutions Limited, which is based in Ireland. The wider Paysafe group states the brands were founded in 2001, with the consumer business historically headquartered in London, UK, while the regulated entity for crypto services is Irish. The crypto offering sits inside the e-money wallet rather than as a separate bank, custodian, broker or asset-management product. Source: Paysafe (Skrill & NETELLER crypto announcement)
On the product itself, Skrill markets a multi-asset crypto service. Skrill states it covers more than 40 cryptocurrencies, including Bitcoin, Ethereum, stablecoins and other altcoins, with instant buy and sell (spot trading) and holding (custody) inside the wallet. EUR is supported via SEPA as part of the e-money account in EEA markets. Based on Skrill's own crypto terms, the core wallet does not enable staking, savings or DCA, yield farming, or a crypto card. Sources: Skrill Crypto Currency Terms of Use, Skrill news (crypto coverage)
On the legal point: according to Paysafe, the crypto services now operate under a MiCA CASP licence granted in April 2026 by the Central Bank of Ireland, which allows passporting across the EEA, including Germany. Under that authorisation the entity is registered for the following ESMA-defined crypto-asset services: providing custody and administration of crypto-assets, exchange of crypto-assets for funds, exchange of crypto-assets for other crypto-assets, and transfer services for crypto-assets. The licence does not, on this record, cover other MiCA services such as operating a trading platform, reception and transmission of orders, execution of orders, placing of crypto-assets, advice, or portfolio management. Anyone relying on this should confirm the current status directly with the Central Bank of Ireland register. Source: Paysafe (MiCA CASP licence)
Which crypto services is Skrill, NETELLER authorised to offer in the EU?
Under its MiCA authorisation issued by Central Bank of Ireland (CBI), Skrill, NETELLER (Paysafe Payment Solutions 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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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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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 Skrill, NETELLER not authorised to offer?
Skrill, NETELLER's MiCA licence does not cover: Trading platform, Order execution, Placing, Order R&T, Advice, Portfolio mgmt. These services may still be offered by other authorised providers, or by Skrill, NETELLER 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 Skrill, NETELLER licensed in Ireland?
The CBI's MiCA approach mirrors its strict banking-supervision posture. Kraken's Payward entities chose Ireland for their MiCA authorisation in June 2025. Source: Central Bank of Ireland (CBI).
| National Competent Authority | Central Bank of Ireland (CBI) |
|---|---|
| Investor compensation | Irish Investor Compensation Scheme up to €20,000. |
| Regulatory context | English-speaking, regulator-respected; expensive to establish. |
What does this mean for users of Skrill, NETELLER in the EU?
If you transact through Skrill, NETELLER's EEA-authorised entity (Paysafe Payment Solutions 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 Skrill, NETELLER's terms of service that your contracting entity is Paysafe Payment Solutions Limited., not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to Skrill, NETELLER?
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 Skrill, NETELLER's entry on the register:
Frequently asked questions about Skrill, NETELLER and MiCA
Is Skrill, NETELLER licensed under MiCA?
Yes. Skrill, NETELLER appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Ireland.
Which EU countries can Skrill, NETELLER 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 Skrill, NETELLER 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 Skrill, NETELLER'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 Skrill, NETELLER's entry is on this page under 'Sources'.
Sources
- ESMA Register of Crypto-Asset Service Providers
- Central Bank of Ireland (CBI)
- ESMA MiCA Register - Skrill, NETELLER (Paysafe Payment Solutions Limited.)
- Skrill, NETELLER official website
- Paysafe - Skrill & NETELLER expand regulated crypto services (MiCA CASP licence, Central Bank of Ireland)
- Skrill Crypto Currency Terms of Use
- Skrill news - crypto asset coverage
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