{
  "dataset": "ESMA MiCA Non-Compliant Entities Register — tracked subset",
  "publisher": "NorthPoint Marketing Solutions Oy",
  "as_of": "2026-07-19",
  "last_reviewed": "2026-07-19",
  "register_source": {
    "name": "Interim MiCA register — Non-compliant entities providing crypto-asset services (NCASP)",
    "authority": "European Securities and Markets Authority (ESMA)",
    "legal_basis": "Articles 109 and 110 of Regulation (EU) 2023/1114 (MiCA)",
    "page_url": "https://www.esma.europa.eu/esmas-activities/digital-finance-and-innovation/markets-crypto-assets-regulation-mica",
    "file_url": "https://www.esma.europa.eu/sites/default/files/2024-12/NCASP.csv",
    "field_description_url": "https://www.esma.europa.eu/sites/default/files/2024-12/Description_of_the_fields_in_the_interim_MiCA_register.csv",
    "update_frequency": "weekly",
    "register_last_update": "2026-07-16",
    "esma_wording_verbatim": "Non-compliant entities providing crypto-asset services.",
    "note": "The interim MiCA register is published by ESMA as a collection of five CSV files. Records reflect information received from the authorising (or notified) national competent authority. ESMA republishes the register weekly, so these figures move — always confirm the current entry on the ESMA register before relying on it."
  },
  "totals": [
    {
      "metric": "non_compliant_entries",
      "value": 164,
      "as_of": "2026-07-16",
      "source_url": "https://www.esma.europa.eu/sites/default/files/2024-12/NCASP.csv",
      "method": "Direct row count of ESMA's published NCASP.csv (164 data rows excluding header), retrieved 2026-07-19 against the register update dated 2026-07-16.",
      "corroboration": "Cointelegraph, 17 July 2026 — reported the same total of 164 following the addition of two entities via CONSOB."
    },
    {
      "metric": "authorised_casps",
      "value": 294,
      "as_of": "2026-07-16",
      "source_url": "https://www.esma.europa.eu/esmas-activities/digital-finance-and-innovation/markets-crypto-assets-regulation-mica",
      "method": "ESMA interim MiCA register update dated 16 July 2026, adding 14 CASPs to bring the total of authorised crypto-asset service providers to 294.",
      "corroboration": "Cointelegraph, 17 July 2026."
    }
  ],
  "composition": {
    "as_of": "2026-07-16",
    "method": "Aggregated from ESMA's published NCASP.csv. Aggregate counts describe the register as a whole and are not a determination about any individual firm.",
    "by_listing_authority": [
      { "authority": "Commissione Nazionale per le Societa e la Borsa (CONSOB)", "member_state": "IT", "entries": 162 },
      { "authority": "Netherlands Authority for the Financial Markets (AFM)", "member_state": "NL", "entries": 1 },
      { "authority": "National Bank of Slovakia (NBS)", "member_state": "SK", "entries": 1 }
    ],
    "by_decision_year": [
      { "year": 2025, "entries": 102 },
      { "year": 2026, "entries": 62 }
    ],
    "esma_article_17_infringement_cases": {
      "value": 0,
      "note": "ESMA's own field 'Case of infringement identified by ESMA in accordance with Article 17 of Regulation (EU) No 1095/2010' is recorded as 'No' for all 164 entries. This records that ESMA has not opened an Article 17 breach-of-Union-law case in respect of these entries — it is not a statement that no national action was taken, and it does not qualify the national competent authority's own listing."
    }
  },
  "rows_note": "NorthPoint publishes below only the entries it can reproduce field-by-field from ESMA's own NCASP file: the two entries listed by an authority other than CONSOB, and the two most recent additions. The remaining 160 entries are CONSOB listings carried in the aggregate counts above and are not reproduced individually. The register itself is the complete and authoritative list.",
  "rows": [
    {
      "name": "MEXC Global",
      "commercial_name": "MEXC",
      "listed_by": "Netherlands Authority for the Financial Markets (AFM)",
      "home_member_state": "NL",
      "status_wording_verbatim": "MEXC Global provides crypto-asset services in the Netherlands without the required MiCAR license. MEXC is in breach of section 59 MiCAR.",
      "status_wording_field": "ae_reason — 'Non compliancy reason' as recorded by the listing authority in ESMA's NCASP file",
      "decision_date": "2025-09-16",
      "record_last_update": "2025-09-25",
      "entity_website_as_listed": "https://www.mexc.com/",
      "esma_comments_verbatim": "The AFM issued a public warning against MEXC: https://www.afm.nl/en/sector/actueel/2025/sep/pb-mexc",
      "source_url": "https://www.esma.europa.eu/sites/default/files/2024-12/NCASP.csv",
      "authority_source_url": "https://www.afm.nl/en/sector/actueel/2025/sep/pb-mexc",
      "as_of": "2026-07-16"
    },
    {
      "name": "LWEX",
      "commercial_name": "LWEX",
      "listed_by": "National Bank of Slovakia (NBS)",
      "home_member_state": "SK",
      "status_wording_verbatim": null,
      "status_wording_field": "ae_reason — recorded as 'None' by the listing authority; no reason text is published in ESMA's NCASP file for this entry",
      "decision_date": "2025-02-10",
      "record_last_update": "2025-05-30",
      "entity_website_as_listed": "https://lwex.com/",
      "esma_comments_verbatim": null,
      "source_url": "https://www.esma.europa.eu/sites/default/files/2024-12/NCASP.csv",
      "authority_source_url": null,
      "as_of": "2026-07-16"
    },
    {
      "name": "Reversal Investment Group",
      "commercial_name": "Reversal Investment Group",
      "listed_by": "Commissione Nazionale per le Societa e la Borsa (CONSOB)",
      "home_member_state": "IT",
      "status_wording_verbatim": null,
      "status_wording_field": "ae_reason — recorded as 'None' by the listing authority; no reason text is published in ESMA's NCASP file for this entry",
      "decision_date": "2026-07-08",
      "record_last_update": "2026-07-13",
      "entity_website_as_listed": "www.reversalsimgroup.com",
      "esma_comments_verbatim": null,
      "source_url": "https://www.esma.europa.eu/sites/default/files/2024-12/NCASP.csv",
      "authority_source_url": null,
      "as_of": "2026-07-16"
    },
    {
      "name": "Kortex",
      "commercial_name": "Kortex",
      "listed_by": "Commissione Nazionale per le Societa e la Borsa (CONSOB)",
      "home_member_state": "IT",
      "status_wording_verbatim": null,
      "status_wording_field": "ae_reason — recorded as 'None' by the listing authority; no reason text is published in ESMA's NCASP file for this entry",
      "decision_date": "2026-07-08",
      "record_last_update": "2026-07-13",
      "entity_website_as_listed": "https://kortexbit.com",
      "esma_comments_verbatim": null,
      "source_url": "https://www.esma.europa.eu/sites/default/files/2024-12/NCASP.csv",
      "authority_source_url": null,
      "as_of": "2026-07-16"
    }
  ],
  "delta": {
    "baseline_as_of": "2026-07-13",
    "latest_update_as_of": "2026-07-16",
    "note": "In the ESMA register update dated 16 July 2026, two entities were added to the non-compliant register following action by Italy's Commissione Nazionale per le Società e la Borsa (CONSOB), bringing the total number of entries to 164. Both records carry a decision date of 8 July 2026 and a record last-update date of 13 July 2026 in ESMA's NCASP file. In the same update, ESMA added 14 crypto-asset service providers to the authorised register, bringing that total to 294.",
    "added": [
      { "name": "Reversal Investment Group", "listed_by": "Commissione Nazionale per le Societa e la Borsa (CONSOB)", "decision_date": "2026-07-08" },
      { "name": "Kortex", "listed_by": "Commissione Nazionale per le Societa e la Borsa (CONSOB)", "decision_date": "2026-07-08" }
    ],
    "removed": [],
    "source_url": "https://www.esma.europa.eu/sites/default/files/2024-12/NCASP.csv"
  },
  "esma_wind_down_expectations": {
    "source": "ESMA — Statement on the End of Transitional Periods under MiCA (ESMA75-113276571-1679)",
    "dated": "2026-04-17",
    "source_url": "https://www.esma.europa.eu/sites/default/files/2026-04/ESMA75-113276571-1679_Statement_on_the_end_of_transitional_periods_under_MiCA.pdf",
    "quotes_verbatim": [
      "The MiCA transitional period will officially expire across the EU on 1 July 2026. After this date, any entity providing crypto-asset services to EU clients without a MiCA licence will be in breach of EU law and must cease offering such services.",
      "By 1 July 2026, when the transitional period ends across the EU, any unauthorised CASP must have implemented its wind-down plan.",
      "Wind-down plans enable an orderly exit without causing undue economic harm to clients, including by arranging the offboarding of clients – for example by organising the transfer of crypto-assets held on their behalf to an authorised CASP or to a self-hosted wallet.",
      "ESMA reminds market participants that entities established outside the EU are, outside the narrow exception of reverse solicitation, not permitted to provide crypto-asset services that qualify as MiCA services to EU investors or to solicit EU clients with a view to provide MiCA services to them.",
      "Verify your provider. Check that the company you are using is listed as authorised in the ESMA Interim MiCA Register before you invest or transfer funds.",
      "Take action if needed. If your provider is not authorised, act promptly – transfer your crypto assets to an authorised provider or a self-hosted wallet, or consider closing your positions. Staying with an unauthorised provider may mean less legal protection and a greater risk of losing access to your assets."
    ]
  },
  "disclaimer": "General, educational information for EU users and marketing teams — not legal, financial, or investment advice, and not a determination of any firm's status or any authority's intentions. Each row reproduces what a national competent authority recorded in ESMA's public non-compliant register at a point in time, with the listing authority, the decision date and the source. Appearing on the register is a published regulatory listing about authorisation under MiCA; it is not a finding of fraud, criminality, or any other wrongdoing, and NorthPoint makes no such allegation. Entries can be added, amended, or removed. Verify the current position directly on the ESMA register and with the relevant national competent authority, and consult qualified counsel for your situation."
}