Stablecoins & Markets
Kim Min-jun
Coverage focuses on reserves, redemption and the flow of money through digital-asset markets.
View articlesAlphaRoute
AlphaRoute holds a MiCA license as a crypto-asset service provider authorized in Latvia.
- Legal name
- SIA AlphaRoute
- Home country
- Latvia
- Regulator
- Latvijas Banka
- Status
- Authorized
- Authorized on
- June 18, 2026
- Other EEA countries notified
- 10
- Website
- kangaexchange.eu
- LEI
- 259400JCJJ78A4ZCXP93
- Register entry last changed
- June 26, 2026
- Checked on
SIA AlphaRoute, which trades as AlphaRoute, is listed in ESMA’s interim MiCA register as a crypto-asset service provider (CASP) authorized in Latvia by Latvijas Banka, with an authorization date of June 18, 2026.
Under MiCA it may provide custody and administration of crypto-assets for clients, operation of a trading platform, exchange of crypto-assets for funds, exchange of crypto-assets for other crypto-assets, placing of crypto-assets and transfer services for clients. It has notified the register that it intends to offer these services in 10 other EEA countries under the MiCA passport.
ESMA publishes the interim MiCA register weekly. This entry reflects the version updated on September 24, 2026; the firm’s own record was last changed on June 26, 2026.
- MiCA services
- Custody and administration of crypto-assets for clients
Operation of a trading platform
Exchange of crypto-assets for funds
Exchange of crypto-assets for other crypto-assets
Placing of crypto-assets
Transfer services for clients - Custody
- Yes
- Trading platform
- Yes
- Crypto-to-fiat exchange
- Yes
- Crypto-to-crypto exchange
- Yes
- Transfer services
- Yes
- Countries notified for cross-border services
- Bulgaria, Czechia, Estonia, Croatia, Hungary, Lithuania, Poland, Romania, Slovenia, Slovakia
- Sources
Page URL ESMA interim MiCA register: crypto-asset service providers (CASPS.csv) https://www.esma.europa.eu/sites/default/files/2024-12/CASPS.csv ESMA: Markets in Crypto-Assets Regulation (MiCA) https://www.esma.europa.eu/esmas-activities/digital-finance-and-innovation/markets-crypto-assets-regulation-mica
Questions
Does AlphaRoute have a MiCA license?
Yes. ESMA’s interim MiCA register lists SIA AlphaRoute as a crypto-asset service provider authorized in Latvia since June 18, 2026.
Which crypto services can AlphaRoute provide under MiCA?
Its authorization covers custody and administration of crypto-assets for clients, operation of a trading platform, exchange of crypto-assets for funds, exchange of crypto-assets for other crypto-assets, placing of crypto-assets and transfer services for clients.
Can AlphaRoute serve clients in other EU countries?
It has notified the register that it intends to offer its services in 10 other EEA countries under the MiCA passport.
Who supervises AlphaRoute under MiCA?
Latvijas Banka, its home regulator in Latvia. Its LEI is 259400JCJJ78A4ZCXP93.
Source: the European Securities and Markets Authority’s interim MiCA register of crypto-asset service providers (CASPS.csv), which ESMA updates weekly. Each firm’s page shows the date its entry was checked.
