With the introduction of the EU Markets in Crypto-Assets Regulation (MiCAR), Kriptomat has been taking proactive steps since 2018 to ensure we remain a secure, transparent, and fully compliant platform for managing your crypto investments in Europe.
This new regulation isn’t just a legal update - it’s a big leap forward in making crypto safer, more trustworthy, and more accessible for everyday users like you.
What is MiCAR?
MiCAR stands for Markets in Crypto-Assets Regulation, a major piece of EU legislation that sets out the rules for crypto-asset services across all EU member states.
Think of it like this: until now, crypto regulation was a bit of a patchwork. Each country had its own rules (or sometimes, none at all). MiCAR is the EU's way of putting everyone on the same page - a single, harmonised rulebook for the entire crypto industry.
MiCAR covers three big things:
Crypto-asset service providers (like exchanges, wallets, and platforms - that’s us!)
Crypto-asset issuers (companies that create tokens or stablecoins)
Transparency and user protection (making sure users know the risks, rights, and rules)
MiCAR doesn’t cover everything - for example, it doesn’t apply to NFTs (yet) or DeFi protocols that have no central operator - but it’s a huge step forward in building trust and structure in the crypto space.
What is changing at Kriptomat?
Kriptomat has always taken regulation seriously. We’re already fully licensed as a Virtual Asset Service Provider (VASP) in Estonia, which has been ahead of the curve on crypto laws, and are registered in multiple other markets.
Now, we have aligned with MiCAR and applied for authorisation as a Crypto-Asset Service Provider (CASP) under the new EU rules. Until that licence is granted, we’re still legally operating under our Estonian licence, so it’s business as usual for you.
✅ Your funds are secure
✅ Your access is uninterrupted
✅ Your experience stays easy
What’s changing for you?
Mostly: more transparency, more protection, and clearer rules. Here’s what MiCAR means in practice:
Under MiCAR | What It Means for You |
Custody rules | Clearer info on how your crypto is stored and protected |
Risk disclosures | You’ll know what risks are involved - no surprises |
Complaint procedures | If something goes wrong, you’ll know what steps to take |
EU-wide licence | You can use MiCAR-licensed platforms across the EU with confidence |
Clarity on services | Platforms must be transparent about what they offer and how it works |
Frequently Asked Questions
🤷♀️ Do I need to do anything?
There’s no action needed from you. You can continue using Kriptomat the same way you always have. MiCAR simply enhances investor protection, service transparency, and legal clarity - all in your favour.
🛡️ Is Kriptomat already MiCAR licensed?
Not just yet. We’ve officially started the MiCAR authorisation process in Estonia and are currently awaiting approval. We’ll keep you informed once the transition is complete. In the meantime, we’re fully operational and compliant under the transitional regime of our Estonian VASP licence.
📌 What are the main updates to the Terms of Service?
We’ve updated or added sections to cover:
Our compliance with MiCAR requirements
How your crypto assets are stored and protected
Details on asset transfers, order execution, and crypto trading
How we manage conflicts of interest and operational transparency
Your rights in case of issues or complaints
⚖️ Do I need to accept the new Terms?
Yes. The new Terms of Service went into effect on 9 January 2026. If you continue to use Kriptomat after that date, you’re agreeing to the updated terms.
If you don’t agree with the changes, please contact our Support Team so we can help you close your account.
🔒 Is Kriptomat still safe to use during this transition?
Absolutely. Kriptomat continues to follow strict regulatory, AML, and security protocols, and we’re ISO27001:2022 certified. MiCAR simply builds on these protections with new EU-wide legal backing.
🧾 Where can I read the updated Terms?
You’ll find them on our website here: Terms of Service. We encourage you to read through them and reach out if you have any questions.
🚀 Bottom Line
MiCAR is a big step forward for crypto in Europe. It brings structure to the industry, improves trust, and helps ensure crypto works for everyone - not just the experts.
At Kriptomat, we fully support the move toward clearer rules, safer systems, and more transparent services - and we’re here to guide you through every step of the journey.
In parallel with MiCAR, Kriptomat has accomplished compliance with DORA (the EU’s Digital Operational Resilience Act), ensuring our platform remains secure, resilient, and future-ready.
Still have questions? Contact our Support Team - we’re always happy to help.