MiCA Crackdown: Belgian Regulator Flags 6 Unauthorized Crypto Providers

Belgium’s Financial Services and Markets Authority (FSMA) has issued a high-priority warning against six crypto-asset service providers (CASPs) operating without legal authorization. Following the expiration of the EU’s MiCA transitional period, the regulator has officially blacklisted entities including Aurum Foundation and Bank Bit, labeling them as fraudulent actors within the Belgian market.

This crackdown signals a significant shift in European oversight as national regulators begin to enforce the MiCA licensing perimeter with increased rigor. As the grace period ends, the industry faces a new reality where compliance is non-negotiable, and unauthorized platforms face immediate scrutiny and public warnings to protect retail investors.

On Monday, the FSMA named Aurum Foundation, Bank Bit, Bithf Pro, Dxago, Global Dynamic Trade, and ZeriaFunding as unauthorized entities, adding them to its official list of fraudulent CASPs. The move demonstrates that national regulators are moving swiftly to apply the MiCA licensing framework, tightening the net around unregulated crypto operations in the wake of the EU's new regulatory deadline.