Stablecoins & Markets
Kim Min-jun
Coverage focuses on reserves, redemption and the flow of money through digital-asset markets.
View articlesBVNK
System Pay Services (Malta) Limited, which trades as BVNK, is listed in ESMA’s interim MiCA register as a crypto-asset service provider (CASP) authorized in Malta by the Malta Financial Services Authority (MFSA), with an authorization date of February 13, 2026.
- Legal name
- System Pay Services (Malta) Limited
- Home country
- Malta
- Regulator
- Malta Financial Services Authority (MFSA)
- Status
- Authorized
- Authorized on
- February 13, 2026
- Other EEA countries notified
- 29
- Website
- bvnk.com
- LEI
- 984500640Z8ADE893D04
- Register entry last changed
- May 13, 2026
- Checked on
Under MiCA it may provide custody and administration of crypto-assets for clients, exchange of crypto-assets for funds, exchange of crypto-assets for other crypto-assets, execution of orders for clients and transfer services for clients. It has notified the register that it intends to offer these services in 29 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 May 13, 2026.
- MiCA services
- Custody and administration of crypto-assets for clients
Exchange of crypto-assets for funds
Exchange of crypto-assets for other crypto-assets
Execution of orders for clients
Transfer services for clients - Custody
- Yes
- Crypto-to-fiat exchange
- Yes
- Crypto-to-crypto exchange
- Yes
- Transfer services
- Yes
- Countries notified for cross-border services
- Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Poland, Portugal, Romania, Sweden, 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
