Cashify changes the business model. From July 2026, all purchases and sales of cryptocurrencies under this brand are carried out online. WEB3 Technology BV, a company with CASP authorization in accordance with MiCA, is now responsible for legal services, technology and transaction processing.
The change is effective from July 2026. Each cryptocurrency purchase or sale transaction is to be carried out with the support of a dedicated Customer Service Representative.
The company’s announcement shows that Cashify focuses on individually operated online exchanges, instead of the typical exchange model based on an order book.
Cashify remains, but the cryptocurrency exchange service is provided by another company
The most important change concerns the entity that is formally responsible for providing cryptocurrency services.
Cashify is currently a trade name used by WEB3 Technology BV. This company is responsible for transaction processing, technology and legal issues. The company is authorized as a crypto-asset service provider, or CASP, by the Dutch regulator AFM. The authorization reference number is 41000022.
This is an important distinction. The client still uses the website and support operating under the Cashify brand, but the party responsible for providing the cryptocurrency service is WEB3 Technology BV
MiCA is changing the European cryptocurrency market
The change in Cashify’s business model is directly related to the implementation of the MiCA regulation. The new regulations introduce uniform rules for the provision of services related to cryptoassets in the European Union.
For companies previously operating on the basis of national entries in registers, this means the need to obtain appropriate permission or cooperate with an entity authorized by MiCA.
Cashify chose the second option, entrusting transaction processing to WEB3 Technology BV
For us, the most important thing was to ensure the continuity of the brand and take care of our existing customers, which is why we made the decision to transform the current operating model and establish cooperation with WEB3 Technology BV. Thanks to this, our users can use services provided under the Cashify brand, which are already available online.
– comments Jakub Bartoszek, founder of Cashify.
What does the change mean for Cashify customers?
The most important difference is the transfer of the entire cryptocurrency exchange process to the Internet. The customer no longer carries out a cryptocurrency transaction in the current model of a stationary currency exchange office.
Cashify begins a new stage of activity
Moving to an online model allows Cashify to maintain its recognizable brand while transferring regulatory and technological responsibility for transactions to an authorized CASP provider.
This is one of the examples of changes that MiCA is currently forcing on the European cryptocurrency industry. Local brands can continue to serve their customers, but the services must be provided by entities operating in accordance with the new permit system.
The material was based on the Cashify press release of July 24, 2026. The content does not constitute investment advice or recommendations.
