Service-provider authorisation
In-scope crypto-asset service providers must be authorised or operate under another status permitted by law.
European crypto-asset markets
MiCA: clearer rules for crypto in Europe
The European Union framework for crypto-assets and related service providers. This page explains its scope, what it means for SDB Wallet users and the limits of our regulatory status.
Important disclosure about SDB
This page provides general information. It is not legal advice and does not claim that SDB Wallet or Axis X is authorised as a crypto-asset service provider (CASP) under MiCA. Availability to an EU customer depends on the entity providing the service, the service itself, the Member State and any applicable authorisation or lawful arrangement.
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What does MiCA regulate?
MiCA regulates the issuance of certain crypto-assets and services relating to them where they fall within scope, with requirements for transparency, conduct and operational safeguards.
Understandable disclosures
Clearer information about a crypto-asset, its features, risks and the entity behind it.
Client-asset safeguards
Rules on custody, records, complaints, conflicts and business continuity depending on the service.
Market integrity
Controls addressing market abuse, insider dealing and manipulation.
When did MiCA apply?
Regulation entered into force
Regulation (EU) 2023/1114 was published and the implementation process began.
Stablecoin provisions
Rules for asset-referenced tokens and e-money tokens started to apply.
Wider framework applied
Most CASP requirements and the remaining MiCA framework started to apply.
Transition ceiling
Some states may allow a shorter transition for existing providers. Operating in transition is not MiCA authorisation.
What should an EU customer know?
Know the legal entity
Regulatory protection attaches to the specific entity providing the service, not simply to an app or group brand.
Check official registers
When relying on MiCA authorisation, verify the ESMA and national authority registers rather than a badge or marketing claim.
Understand custody and keys
Ask who holds the asset or key, how client assets are segregated and what happens if the service stops.
Crypto remains high risk
Regulation does not remove price volatility, network risks or possible loss. Protection varies by asset and service.
SDB Wallet approach
Transparency before marketing
We use MiCA as a core reference when assessing crypto-asset services in Europe. Before an in-scope European service is offered, the provider entity, legal classification, authorisation, disclosure, custody and anti-money-laundering requirements must be established.
- Provider entity
- Named for each service rather than inferred from the app name.
- Service availability
- Varies by country, verification, eligibility and regulatory arrangement.
- Supported assets
- Read from the live system list, not promised across every market.
- Risks and fees
- Shown before confirmation without suggesting guaranteed price or return.
Official sources
Official sources
We rely on primary regulatory material. Technical rules and interpretations can change, so always consult the latest EU and national competent-authority publications.
Frequently asked questions
Is SDB Wallet authorised under MiCA?
This page does not claim that SDB Wallet or Axis X holds a MiCA CASP authorisation. Any regulatory status or service provider must be disclosed by legal name before the relevant European service is made available.
Does MiCA make crypto safe?
No. MiCA creates rules for transparency, conduct and authorisation, but it does not remove price volatility, technology risks or the possibility of loss.
Does MiCA cover every crypto-asset?
Not necessarily. Scope depends on the asset and service. Some instruments may fall under other EU financial-services law or outside parts of MiCA.
How can I verify an EU provider?
Check the exact legal entity in ESMA and national competent-authority registers, then confirm the service you need is covered by that authorisation.