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//MiCA verificationRegulation (EU) 2023/1114Verified 2026-06-09

Is SafePal MiCA-licensed?

Outside MiCA ScopeSafePal does not require MiCA authorisation.

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.

Mathias Siemonsmeier ↗Editor-in-Chief, ChainChoiceVerified by: ChainChoice Engine v4
Last reviewed2026-06-09
AUDIT RECEIPT#cc-MICA-VERIFY-SAFEPAL-2026.06 ↗methodology §3 ↗affiliate economics did not influence this ranking
Direct answer

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.

Category
Hardware Wallet
Status
Outside MiCA Scope
License jurisdiction(s)
Supervising authority
Passporting
N/A — hardware + non-custodial app
Licensed since
Last verified
2026-06-09
Receipt ID
cc-MICA-VERIFY-SAFEPAL-2026.06

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.

Related coverage

ChainChoice provides informational content only. Nothing on this site constitutes financial, investment, legal, or tax advice. Always do your own research and consult a qualified professional before making financial decisions.

Methodology
6-dimension rubric. Weights published.
Data freshness
Live data, refreshed hourly. Independent rankings. We show our work.
Disclosure
Educational analysis, not investment advice. Affiliate links may contribute to operations but never alter rankings.
ChainChoice · The decision layer for crypto · Not financial advice180+ providers · 13 categories · Computed, not voted · © 2026
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