cryptolicit

Is Backpack EU regulated in the EU?

Backpack EU — legal name "Trek Technologies" SIA. Crypto-asset service provider (CASP) with home Member State 🇱🇻 Latvia.

Authorised under MiCA

Backpack EU is listed in the ESMA register as an authorised crypto-asset service provider. The licence was granted by Latvijas Banka on 27 May 2026 and covers 5 of 10 MiCA services in 28 EEA countries.

Backpack EU among the EU's authorised providers

Backpack EU was the 5th of 12 crypto-asset service providers currently authorised in Latvia, and one of 365 across the EEA, licensed 17 months after MiCA became applicable. With 5 authorised services it is above the register average of 3.3; 62 providers hold a broader one. It has notified 28 of 30 EEA countries; 58 providers have notified all of them. Latvijas Banka supervises 12 authorised providers in total.

What the authorisation covers

Backpack EU is authorised for 5 of the ten crypto-asset services defined in Article 3(1)(16) of MiCA. It is not authorised for operating a trading platform, placing of crypto-assets, reception and transmission of orders, advice on crypto-assets, portfolio management — if it offers those, that activity is outside this licence.

  • a Custody and administration 28 countries Holding clients' crypto-assets or the private keys to them, and keeping them safe. This is what a wallet service or an exchange that keeps your coins does.
  • c Exchange for funds 28 countries Buying crypto-assets from clients, or selling to them, against money (euro or another currency) using the provider's own capital.
  • d Exchange for other crypto-assets 28 countries Swapping one crypto-asset for another with the client, using the provider's own capital — for example bitcoin for a stablecoin.
  • e Execution of orders 28 countries Concluding purchases or sales of crypto-assets on the client's behalf, including on a third-party trading platform.
  • j Transfer services 28 countries Moving crypto-assets from one distributed-ledger address or account to another on the client's behalf.

Not authorised: b. Operating a trading platform · f. Placing of crypto-assets · g. Reception and transmission of orders · h. Advice on crypto-assets · i. Portfolio management.

Where it may operate

Through the MiCA passport, Backpack EU has notified 28 countries: Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Croatia, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia. It has not notified the other 2 EEA states (Greece, Hungary), so a client there is outside the scope of the notification.

Highlighted: countries notified for at least one service. Outlined: home Member State. Passporting is per service; see the list on the left for each service's count.

Identification

Legal name
"Trek Technologies" SIA
Trading as
Backpack EU
LEI
6488C2PNI17093U2YA18 · GLEIF record
Competent authority
Latvijas Banka (Latvia)
Registered address
Brīvības iela 40 - 37, Rīga, LV-1050
Declared website
eu.backpack.exchange
Authorised on
27 May 2026
Register entry updated
27 June 2026
Only the declared domains are covered. Fraudsters routinely copy the name of an authorised provider and operate from a look-alike domain. If the website you are on is not one of the addresses above, the authorisation does not apply to it — check the exact domain.

Questions people ask

Is Backpack EU regulated in the EU?

Yes. Backpack EU ("Trek Technologies" SIA) holds a MiCA authorisation as a crypto-asset service provider, granted by Latvijas Banka on 27 May 2026. It appears in the ESMA register of authorised CASPs.

Which crypto services is Backpack EU authorised for?

5 of the ten MiCA services: custody and administration, exchange for funds, exchange for other crypto-assets, execution of orders, transfer services.

In which countries can Backpack EU offer crypto services?

28 EEA countries: Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Croatia, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia.

Who supervises Backpack EU?

Latvijas Banka, the competent authority in Latvia, which is the provider's home Member State under MiCA.

Other providers authorised in Latvia

All providers from Latvia →

Source: ESMA interim MiCA register (CASPS.csv), as reported by Latvijas Banka. This page reflects the register as of our last sync; it is not a statement by the regulator. Methodology.