Is BitMart MiCA-Regulated?
Licence status verified 2026-07-10 against the ESMA CASP register
Not MiCA-Authorized
Not MiCA-authorized. BitMart (founded 2017) is absent from the ESMA CASP register and has no EU-authorized entity — only a US FinCEN MSB registration.
Status
Not MiCA-Authorized
ESMA register
Not listed
Checked
2026-07-10
Global 24h perp vol
$6.2B
What this means for EU users
BitMart (founded 2017) is an offshore exchange with a US FinCEN MSB registration and a large altcoin catalogue (1,000+ pairs). In December 2021 attackers drained two hot wallets — initial estimates were about $150 million, later put nearer $196 million — and BitMart reimbursed affected users from its reserves and set up a $100 million protection fund, with a clean record reported since.
BitMart holds no MiCA CASP authorization and is not in the ESMA register. After July 1, 2026 it cannot legally solicit or onboard EEA retail customers; EU users trade under offshore terms without EU custody, complaint or prudential protections.
Timeline
- 2021-12-04Two hot wallets drained (est. $150M–$196M); users later reimbursed
Recommended MiCA exchanges
Fully authorized venues we track daily — licence breadth, fees and EU perp access verified against the ESMA register.
BitMart MiCA FAQ
Is BitMart MiCA-authorized?+
No. Not MiCA-authorized. BitMart (founded 2017) is absent from the ESMA CASP register and has no EU-authorized entity — only a US FinCEN MSB registration.
What does this mean for EU users?+
BitMart (founded 2017) is an offshore exchange with a US FinCEN MSB registration and a large altcoin catalogue (1,000+ pairs). In December 2021 attackers drained two hot wallets — initial estimates were about $150 million, later put nearer $196 million — and BitMart reimbursed affected users from its reserves and set up a $100 million protection fund, with a clean record reported since.
What are MiCA-regulated alternatives to BitMart?+
Our recommended MiCA-authorized venues are Kraken, OKX, Bybit — Kraken and OKX offer EU-regulated perps today; Bybit's EU platform (bybit.eu) is spot while its MiFID application is pending. See the full MiCA table for every verified licence.
Sources
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