Pro lessonExchange Risks · 4/53 min read

Regulation and account security: checking an exchange

How to check if a crypto service is authorised under the EU's MiCA rules, what authorisation does and does not mean, and how to secure your account.

Before you send money to any exchange, it is worth spending ten minutes checking who runs it, where it is regulated and how you will protect your account.

The European Union has a law called the Markets in Crypto-Assets Regulation, known as MiCA. Under MiCA, companies that offer crypto services to people in the EU, such as exchanges and custodians, must be authorised as a crypto-asset service provider, or CASP.

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Education, not investment advice. Crypto prices can fall sharply and most retail traders lose money. Practice in DUKOIN uses virtual USD with no real value.