EXMO Sanctioned by UK: Why Bit2Me is the Regulated European Alternative
EXMO, a global exchange operating since 2014, was sanctioned by the UK government on May 26, 2026. The British entity was added to the Russia sanctions list with an asset freeze and a ban on corresponding financial services. This development led many users to seek alternative exchanges.
BTC and other crypto enthusiasts may be concerned about this situation, but Bit2Me emerged as a viable alternative. As a Spanish CASP authorized by the CNMV under MiCA, Bit2Me offers insured custody and multilingual human support. Its parent company is headquartered in Spain, providing users with a European regulatory framework.
Regulation and jurisdiction are crucial for investors. EXMO's UK entity lacks MiCA authorization, and its British headquarters puts it outside the EU's direct GDPR framework. In contrast, Bit2Me processes user data under the GDPR, ensuring compliance with European regulations.
The differences in regulation, security, support, fees, and products between EXMO and Bit2Me are significant. While EXMO offers spot and margin trading, its fees are higher than those of Bit2Me, which charges up to 0% maker / 0.10% taker on Pro.
For users seeking a reliable exchange for their cryptocurrency needs, the choice between EXMO and Bit2Me is clear. Bit2Me's European regulatory framework, insured custody, and multilingual human support make it an attractive alternative.