Stablecoins & Markets
Kim Min-jun
Coverage focuses on reserves, redemption and the flow of money through digital-asset markets.
View articlesNAGA X
NAGA X holds a MiCA license as a crypto-asset service provider authorized in Cyprus.
- Legal name
- NAGA X
- Home country
- Cyprus
- Regulator
- Cyprus Securities and Exchange Commission (CySEC)
- Status
- Authorized
- Authorized on
- June 8, 2026
- Other EEA countries notified
- 0
- Website
- nagax.com
- LEI
- 984500DCB2AF415E5Y71
- Register entry last changed
- July 15, 2026
- Checked on
NAGA X is listed in ESMA’s interim MiCA register as a crypto-asset service provider (CASP) authorized in Cyprus by the Cyprus Securities and Exchange Commission (CySEC), with an authorization date of June 8, 2026.
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, reception and transmission of orders, advice on crypto-assets, portfolio management and transfer services for clients. The register lists no cross-border notifications, so its services are offered from Cyprus only.
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 July 15, 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
Reception and transmission of orders
Advice on crypto-assets
Portfolio management
Transfer services for clients - Custody
- Yes
- Crypto-to-fiat exchange
- Yes
- Crypto-to-crypto exchange
- Yes
- Transfer services
- Yes
- 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 NAGA X have a MiCA license?
Yes. ESMA’s interim MiCA register lists NAGA X as a crypto-asset service provider authorized in Cyprus since June 8, 2026.
Which crypto services can NAGA X provide under MiCA?
Its authorization covers 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, reception and transmission of orders, advice on crypto-assets, portfolio management and transfer services for clients.
Can NAGA X serve clients in other EU countries?
The register lists no cross-border notifications, so its services are offered from Cyprus only.
Who supervises NAGA X under MiCA?
The Cyprus Securities and Exchange Commission (CySEC), its home regulator in Cyprus. Its LEI is 984500DCB2AF415E5Y71.
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.
