Why Choose Paybis after July 2026?
- As of July 1, 2026, unlicensed platforms can no longer serve EU crypto users, which makes a licensed platform the safe place to keep your coins.
- Only around 200 firms cleared the MiCA bar, out of more than 3,000 that operated in Europe before the rules.
- Paybis holds MiCA CASP authorisation from the Bank of Latvia, passporting across all 27 EU member states.
- If your platform is winding down, you can move over and buy crypto on Paybis with a card or bank transfer, and the first buy of each coin carries no Paybis fee on top.
Crypto in Europe reached a turning point on July 1, 2026. As of that date, platforms without a full licence can no longer serve EU customers, and anyone still holding crypto on an unlicensed exchange faces disruption. The safe response is simple: keep your crypto on a platform that holds a real MiCA CASP authorisation and plans to stay.
Paybis is one of them. It has operated since 2014 and now holds that authorisation in full. This page covers both sides of the story: what the licensing shake-out means, and what you actually get when you use Paybis.
Table of contents
Only around 200 platforms cleared the bar
Out of more than 3,000 crypto firms operating in Europe before MiCA, only about 200 secured a full licence by the deadline. Several well-known names did not make it.
The new rules turned out to be a high bar. Of the 3,000-plus crypto companies that operated across Europe before MiCA, only around 200 held a full CASP authorisation when the transitional period ended. Paybis is one of them. The rest either missed the window or chose to step back.
Binance is the headline case, and it is far from alone. As the deadline passed, a long line of well-known exchanges had no CASP authorisation and began restricting or withdrawing services for EU users:
- Binance, the largest exchange by volume, withdrew its licence application days before the deadline and is winding down its EU services.
- KuCoin, MEXC, and Bitget entered July with no CASP authorisation on the EU register.
- BingX, Phemex, BloFin, and Upbit are absent from the register too.
Your funds on these platforms are not gone. Most are running an orderly wind-down, so withdrawals stay open for now. If your crypto is sitting on one of them, it is worth moving to a licensed platform or a wallet you control before access tightens.
That is where Paybis comes in. If you were a user of any platform that did not make the list, you are welcome here. Moving over is quick: verify your account, then send your crypto to your Paybis wallet or buy fresh with a card or bank transfer. Our guide to MiCA-licensed exchanges shows where every licensed platform stands, and the CASP-authorised exchanges guide lets you check any platform’s status on the record.
A licensed platform you can verify
Paybis holds MiCA CASP authorisation from the Bank of Latvia, which lets it serve customers across all 27 EU member states. You can confirm it on the ESMA register.
Licensing is the foundation, so here is exactly what Paybis holds:
- MiCA CASP authorisation from the Bank of Latvia, passporting across the EU.
- PSD2 Payment Institution (PI) licence, also from the Bank of Latvia.
- FinCEN registration in the US. Paybis also holds FINTRAC registration and a VASP registration in Poland.
Want to understand what those terms mean? Our glossary explains MiCA and the CASP licence in plain language, and a separate entry covers what a crypto licence actually involves. For the bigger picture, the crypto exchange regulations guide covers how the rules work worldwide, and the guide to choosing a regulated exchange in Europe shows what authorisation demands.
What does Paybis offer after July 2026?
After the deadline, the safe choice is a platform that already holds a full licence. Paybis does, and it keeps buying and moving crypto quickly and clearly.
The deadline settled the licensing question. What keeps people on Paybis is the everyday experience.
- 90-plus coins from one screen. Buy Bitcoin or any of 90-plus other coins in the same quick flow, with no complicated setup.
- Pay your way. Use a card or PayPal, whichever suits the moment, and your crypto arrives in minutes.
- No Paybis fee on your first buy. The first time you buy each crypto with a card, Paybis takes nothing on top. After that, the service fee is a flat 1.49%.
- Stablecoins too. Prefer to sit in a dollar-pegged asset? You can buy USDC and hold it for steady value.
- Your crypto, your wallet. Paybis sends what you buy straight to a wallet you control, so you stay in charge of your own keys.
- Help around the clock. Live chat runs 24/7 and usually replies within 1 to 2 minutes, with real people on the other end.
What does Paybis offer European users?
Paybis is authorised in the EU and built for people who want to buy crypto and hold it themselves. One licence covers you across all 27 member states.
For European users, the MiCA authorisation matters in a practical way. Because it passports across the EU, the same protections apply whether you are in Latvia or another member state. And because Paybis has run since 2014, that licence sits on top of a long track record:
- 7 million users across 180+ countries.
- Close to $6 billion in annual trading volume.
- 4.1 out of 5 on Trustpilot, across more than 31,900 reviews.
That mix of a current licence and a decade of operating is what a platform built to stay looks like. If you want the wider view of who else made the list, the MiCA content hub tracks the regulation as it develops.
Bottom Line
The July 1 deadline reshaped crypto in Europe. Around 200 platforms cleared the licensing bar, and some familiar names did not. What matters for you is simple: keep your crypto somewhere licensed and built to stay.
Paybis fits that description, with a full MiCA authorisation behind a service that has made buying crypto easy since 2014. If your coins are sitting somewhere you are unsure about, now is a good moment to move them. You can buy crypto on Paybis with a card or bank transfer in minutes, then send them straight to a wallet you control.
About Paybis
Paybis is a licensed cryptocurrency exchange and on and off-ramp, operating since 2014. It holds MiCA CASP authorisation and a PSD2 Payment Institution licence from the Bank of Latvia. On top of that, it carries FinCEN registration in the US. It also holds FINTRAC registration and a VASP registration in Poland.
The platform serves 7 million users across 180+ countries and supports 90+ cryptocurrencies through 22 payment methods. Annual trading volume runs close to $6 billion. On Trustpilot, Paybis holds a 4.1 out of 5 rating across more than 31,900 reviews. Live chat runs 24/7 and usually replies within 1 to 2 minutes. Paybis is available on web and on mobile through iOS and Android.
FAQ
Why choose Paybis after July 2026?
Because Paybis holds a full MiCA CASP authorisation and can keep serving EU customers after the deadline. You also get 90-plus cryptocurrencies and delivery to a wallet you control, with 24/7 support on hand, so the licence comes with a service that is easy to use.
Is Paybis regulated in the EU?
Yes. Paybis holds MiCA CASP authorisation from the Bank of Latvia, which passports across all 27 EU member states. You can confirm it on the ESMA register, the EU’s public list of authorised crypto platforms.
How do I move my crypto from Binance to Paybis?
Create and verify your Paybis account, then withdraw your crypto from Binance to your Paybis wallet address. If you are holding a stablecoin that regulated EU platforms no longer support, convert it to USDC or euros first, so it arrives ready to use.
Is Paybis a good crypto exchange in Europe?
Paybis is a licensed on and off-ramp built for buying crypto and sending it to your own wallet. For people who want a simple, regulated way to buy and hold, it is a strong fit. For high-frequency day trading, a dedicated trading venue may suit you better.
Disclaimer: Don’t invest unless you’re prepared to lose all the money you invest. This is a high‑risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at: https://go.payb.is/FCA-Info
