EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is ZBX licensed under MiCA in the European Union?
ZBX's European entity (Zillion Bits 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 6 February 2025.
Verdict: ZBX appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Zillion Bits Limited |
|---|---|
| Home Member State | Malta |
| National Competent Authority | Malta Financial Services Authority (MFSA) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 254900FESD7AF56FOQ37 |
| Authorised services | Custody, Operating a trading platform, Exchange for funds, Exchange for crypto, Order execution, Placing, Order R&T, Transfer services |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About ZBX
ZBX is a fiat-enabled digital-asset trading platform operated by Zillion Bits Limited, a company registered in Malta (company number C 88757). On its own website ZBX describes itself as a regulated, fiat-enabled digital asset platform and states it supports 10 or more fiat currencies, serves 70 or more countries, and has 7 or more years of operation. Research summaries describe it as an enterprise-focused platform with custody, spot trading, savings, staking and card features, EUR/SEPA support, and a client base that includes corporate and iGaming-sector accounts; these are descriptions drawn from the company's materials rather than independently verified product tests. Sources: zbx.com, ZBX LinkedIn (Malta)
On the regulatory question: the contracting legal entity is Zillion Bits Limited, and its national competent authority is the Malta Financial Services Authority (MFSA), which authorises Crypto-Asset Service Providers under the EU Markets in Crypto-Assets Regulation (MiCA). Zillion Bits Limited also appears on the French AMF white list of authorised CASP/DASP entities, reflecting cross-border passporting of its MiCA authorisation within the EU. So yes, the entity behind ZBX holds a MiCA CASP authorisation; it is a regulated crypto service provider, not a bank, custodian, broker or asset manager in the traditional sense. Sources: AMF white list - Zillion Bits Limited, zbx.com/licenses
The MiCA authorisation covers a specific set of crypto-asset services: custody and administration of crypto-assets, operating a trading platform, exchange of crypto-assets for funds, exchange of crypto-assets for other crypto-assets, execution of orders, placing of crypto-assets, reception and transmission of orders, and transfer services. It does not extend beyond these listed crypto-asset services - a MiCA CASP licence is not a banking licence, an e-money licence, or an investment-firm (MiFID) authorisation, and any non-crypto financial activity would require separate permissions. Source: zbx.com/licenses
One safety note from the regulatory record: the MFSA has published a warning that a site at zbx-exchanges.com is an unauthorised clone and not connected to the genuine ZBX operated by Zillion Bits Limited at zbx.com. Users verifying the licence should rely on the official MFSA register entry for Zillion Bits Limited rather than on look-alike domains. Source: MFSA clone warning
Which crypto services is ZBX authorised to offer in the EU?
Under its MiCA authorisation issued by Malta Financial Services Authority (MFSA), ZBX (Zillion Bits 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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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 ZBX not authorised to offer?
ZBX's MiCA licence does not cover: Trading platform, Advice, Portfolio mgmt. These services may still be offered by other authorised providers, or by ZBX 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 ZBX 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 ZBX in the EU?
If you transact through ZBX's EEA-authorised entity (Zillion Bits 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 ZBX's terms of service that your contracting entity is Zillion Bits Limited, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to ZBX?
Three MiCA-authorised providers to consider. Drawn from the ESMA register, never paid placement.
| Provider | Home Member State | Authorised | Services |
|---|---|---|---|
| OKX | Malta | 9 services | |
| Alaric Securities | Bulgaria | 9 services | |
| Kraken | Ireland | 8 services |
Related reading
Understand the regulatory context behind ZBX's entry on the register:
Frequently asked questions about ZBX and MiCA
Is ZBX licensed under MiCA?
Yes. ZBX 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 ZBX 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 ZBX 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 ZBX'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 ZBX'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.