Is FAZIL CRYPTO regulated in the EU?
FAZIL CRYPTO โ legal name BASQUE PAY S.L.. Crypto-asset service provider (CASP) with home Member State ๐ช๐ธ Spain.
Authorised under MiCA
FAZIL CRYPTO is listed in the ESMA register as an authorised crypto-asset service provider. The licence was granted by Comision Nacional del Mercado de Valores (CNMV) on 31 July 2026 and covers 1 of 10 MiCA services in 1 EEA country.
FAZIL CRYPTO among the EU's authorised providers
FAZIL CRYPTO was the 14th of 15 crypto-asset service providers currently authorised in Spain, and one of 365 across the EEA, licensed 19 months after MiCA became applicable. With 1 authorised service it is below the register average of 3.3; 262 providers hold a broader one. It has notified 1 of 30 EEA countries; 58 providers have notified all of them. CNMV supervises 15 authorised providers in total.
What the authorisation covers
FAZIL CRYPTO is authorised for 1 of the ten crypto-asset services defined in Article 3(1)(16) of MiCA. It is not authorised for custody and administration, operating a trading platform, exchange for funds, exchange for other crypto-assets, execution of orders, placing of crypto-assets, advice on crypto-assets, portfolio management, transfer services โ if it offers those, that activity is outside this licence.
- g Reception and transmission of orders 1 country Taking a client's order to buy or sell and passing it on to another provider that executes it โ a broker that does not execute itself.
Not authorised: a. Custody and administration ยท b. Operating a trading platform ยท c. Exchange for funds ยท d. Exchange for other crypto-assets ยท e. Execution of orders ยท f. Placing of crypto-assets ยท h. Advice on crypto-assets ยท i. Portfolio management ยท j. Transfer services.
Where it may operate
FAZIL CRYPTO is authorised to operate only in Spain. It has not used the MiCA passport to notify other EEA states.
- ๐ฆ๐น AT
- ๐ง๐ช BE
- ๐ง๐ฌ BG
- ๐ญ๐ท HR
- ๐จ๐พ CY
- ๐จ๐ฟ CZ
- ๐ฉ๐ฐ DK
- ๐ช๐ช EE
- ๐ซ๐ฎ FI
- ๐ซ๐ท FR
- ๐ฉ๐ช DE
- ๐ฌ๐ท GR
- ๐ญ๐บ HU
- ๐ฎ๐ธ IS
- ๐ฎ๐ช IE
- ๐ฎ๐น IT
- ๐ฑ๐ป LV
- ๐ฑ๐ฎ LI
- ๐ฑ๐น LT
- ๐ฑ๐บ LU
- ๐ฒ๐น MT
- ๐ณ๐ฑ NL
- ๐ณ๐ด NO
- ๐ต๐ฑ PL
- ๐ต๐น PT
- ๐ท๐ด RO
- ๐ธ๐ฐ SK
- ๐ธ๐ฎ SI
- ๐ช๐ธ ES
- ๐ธ๐ช SE
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
- BASQUE PAY S.L.
- Trading as
- FAZIL CRYPTO
- LEI
- 9598005WW6HZ4V82BZ26 ยท GLEIF record
- Competent authority
- Comision Nacional del Mercado de Valores (CNMV) (Spain)
- Registered address
- Calle Villa de Plentzia 42-5 C. 48930 Gexto Vizcaya.
- Declared website
- fazilcrypto.com
- Authorised on
- 31 July 2026
- Register entry updated
- 17 August 2026
Questions people ask
Is FAZIL CRYPTO regulated in the EU?
Yes. FAZIL CRYPTO (BASQUE PAY S.L.) holds a MiCA authorisation as a crypto-asset service provider, granted by Comision Nacional del Mercado de Valores (CNMV) on 31 July 2026. It appears in the ESMA register of authorised CASPs.
Which crypto services is FAZIL CRYPTO authorised for?
1 of the ten MiCA services: reception and transmission of orders.
In which countries can FAZIL CRYPTO offer crypto services?
1 EEA countries: Spain.
Who supervises FAZIL CRYPTO?
Comision Nacional del Mercado de Valores (CNMV), the competent authority in Spain, which is the provider's home Member State under MiCA.
Other providers authorised in Spain
- BBVABanco Bilbao Vizcaya Argentaria S.A.Authorised
- RENTA 4RENTA 4 BANCO S.A.Authorised
- MINOS GLOBALMINOS GLOBAL S.L.Authorised
- CAIXABANKCAIXABANK S.A.Authorised
- IQANA TECHNOLOGIES S.L.Authorised
- CROSSMINTCROSSMINT EUROPE S.L.Authorised
Source: ESMA interim MiCA register (CASPS.csv), as reported by Comision Nacional del Mercado de Valores (CNMV). This page reflects the register as of our last sync; it is not a statement by the regulator. Methodology.