Fake licences and regulation badges

Scam sites that show made-up licence numbers, regulator logos or "MiCA approved" badges to look trustworthy.

What it means

A badge or number on a website proves nothing, because anyone can copy an image or type a number; some sites even copy the name of a real licensed firm.

What to watch

Whether the licence number and the exact company appear in the regulator's own public register, opened by typing its address yourself, and whether the website listed there matches the site you use.

How Compass-Alpha uses it

The MiCA check in the tax overview shows whether your exchange holds an EU licence.