BOTHUB MICA Statement
Last Updated: 26 September 2025
1. Background
The Markets in Crypto-Assets Regulation (MiCA) will take effect across the European Economic Area (EEA) in 2025. MiCA introduces new licensing, registration, and compliance requirements for businesses that provide crypto-asset services.
We understand that our EEA users may have questions about how MiCA applies to Bothub Global AB (company no. 5594314493, registered office: Kungsgatan 32, 111 35 Stockholm, Sweden).
2. Bothub’s Service Model
Bothub provides technical automation tools that allow Users to connect their own exchange accounts via API keys and automate trading strategies.
- Bothub does not hold or manage customer funds.
- Bothub does not act as a custodian, broker, or financial intermediary.
- Bothub does not provide financial, investment, or trading advice.
- All assets remain under the full control of the User in their chosen exchange(s).
Our role is limited to providing software-as-a-service (SaaS) tools that interact with third-party exchanges according to parameters set by Users.
3. MiCA and Bothub
Under MiCA, Crypto-Asset Service Providers (CASPs) must obtain authorization if they provide regulated services such as: custody, operating a trading platform, exchange services, or portfolio management.
Bothub’s business model does not fall within these regulated activities, as we provide technology only, not financial intermediation. However:
- Regulators may interpret some automation services as “order execution” or “portfolio management.”
- If so, we will evaluate our obligations and take steps to comply with MiCA requirements in relevant EEA jurisdictions.
4. Our Commitment to EEA Users
We are closely monitoring the rollout of MiCA and related regulatory guidance. Our commitments are:
- Compliance First: If regulators determine that our services fall under MiCA, we will take all necessary steps to comply.
- Transparency: We will notify Users of any changes to account verification, service availability, or subscription conditions.
- User Control: Users will always retain control over their funds and exchange accounts.
- Contingency Planning: If MiCA requires licensing/registration, we may implement KYC/AML procedures for EEA Users or, if necessary, restrict certain features until compliance is ensured.
5. Next Steps
- We will continue consulting with legal and compliance experts in Sweden and the EEA.
- We will update this statement as MiCA enforcement develops.
- Users can always check the “Last Updated” date at the top of this page for the most current information.
6. Contact Information
If you have questions about MiCA or how it may affect your account:
- [email protected] (general User support)
- [email protected] (regulatory and compliance matters)