FSMA Flags Six Unauthorized Crypto-Asset Providers Operating in Belgium

Belgium’s Financial Services and Markets Authority (FSMA) warned on July 6, 2026, about six companies offering crypto-asset services in Belgium without the authorization required under EU law. For PSPs and banks that touch crypto-adjacent flows, the useful bit is simple: if a merchant is serving Belgium, MiCA status is no longer optional paperwork.

1. The FSMA named Aurum Foundation (aurum.foundation), Bank Bit (bank-bit.com), Bithf Pro (bitfpro.org), Dxago (dxago.com), Global Dynamic Trade (globaldynamictrade.org), and ZeriaFunding (zeriafunding.com) as operating without authorization. The regulator added them to its list of fraudulent crypto-asset service providers (CASPs).
2. The warning sits under the EU’s Markets in Crypto-Assets Regulation (MiCA), which entered into force at the end of 2024. Under MiCA, a company may offer crypto-asset services in the European Union only if it holds authorization as a crypto-asset service provider from the competent supervisory authority in its home member state.
3. New crypto-asset service providers have needed CASP status since December 30, 2024. Existing providers got a transitional period that expired on July 1, 2026, which is the line in the sand for firms that were still relying on national grandfathering provisions.
4. The FSMA said the list is not exhaustive and is updated regularly. It also told consumers to check a provider’s status in the register of crypto-asset service providers maintained by the European Securities and Markets Authority (ESMA) before using the service.
5. Alongside the authorization warning, the regulator repeated the usual crypto risk stack: sharp price volatility, limited market liquidity, social media promotion that can be confusing or misleading, and no compensation scheme if losses occur. It also warned about “recovery rooms” that approach scam victims and offer, for a fee, to help recover lost funds; the FSMA said those offers generally amount to another fraud attempt.

For operators and payment partners, the operational takeaway is not subtle: Belgium is now squarely in the “show your MiCA status or get treated as unauthorized” phase, and the FSMA is making that visible in its public list.