Belgium Warns Against Six Unauthorized Crypto Providers After MiCA Deadline

The European Union’s Markets in Crypto-Assets Regulation (MiCA) has required new entrants to obtain crypto-asset service provider (CASP) authorization since December 30, 2024, while the transition period for existing providers ended on June 30, 2026. Authorization is issued by the regulator in a provider’s home country and determines whether a platform may operate legally in the EU. Consumers can verify a provider’s status through the European Securities and Markets Authority (ESMA) register.

Belgium’s Financial Services and Markets Authority (FSMA) warned on July 6, 2026, that six platforms — Aurum Foundation, Bank Bit, Bithf Pro, Dxago, Global Dynamic Trade and ZeriaFunding — were unauthorized and had been added to its list of fraudulent CASPs. The FSMA urged consumers to avoid dealing with them and warned that crypto-assets can be highly volatile and illiquid, with no compensation mechanism covering potential losses.