Is SafePal MiCA-licensed?
SafePal (Singapore-incorporated) provides hardware + software self-custody. Its in-app swap functionality routes via third-party DEX aggregators; SafePal itself does not custody funds. MiCA does not apply to the hardware sale or the non-custodial swap routing.
Is SafePal MiCA-licensed?
SafePal does not require MiCA authorisation. Verified 2026-06-09 against ESMA's MiCA register and national CASP registers. SafePal (Singapore-incorporated) provides hardware + software self-custody.
License details
Structured data from the MiCA register cross-reference. Updates trigger a new methodology revision and a fresh signed receipt.
What this means for retail users
SafePal does not require MiCA authorisation because it does not perform crypto-asset service provider activities. MiCA applies to entities that custody, trade, or facilitate crypto-asset services for clients — not to hardware-wallet manufacturers, tax-reporting software, or fully decentralised protocols.
Lower-cost air-gapped hardware wallet. Companion non-custodial app for swaps via aggregator. EU retail users can use SafePal without MiCA-status concerns, but national consumer-protection, tax, and other relevant laws still apply per jurisdiction.