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BitMart

RegisteredNo EU authorizationESMA register

BitMart (GBM Global Ltd)

ExchangeCayman Islands Founded 2017bitmart.com
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Last reviewed
27 Aug 2026
2026-08-27

Compliance snapshot

  • US FinCEN MSB registration; no EU or UK authorization
  • Cayman-domiciled parent with limited public disclosure
  • December 2021 hot-wallet theft of roughly USD 196m
Overall concern
High concern

Only a US MSB registration underpins the venue, and the December 2021 hot-wallet theft of roughly USD 196m remains the defining event in its record.

Licenses & registrations

  • United StatesRegistered
    MSB registration
    Financial Crimes Enforcement NetworkFinCEN
    31000-1809-44772018-09-13
    Verify at source
  • Cayman IslandsNot licensed
    Company registration (no financial services licence)
    Cayman Islands Monetary AuthorityCIMA
    KY-3419082017-08-02
    Verify at source
  • AustraliaAuthorized
    Australian Financial Services Licence (digital assets)
    Australian Securities and Investments CommissionASIC
    ASIC — BitMart AFSL (announced 2026-06-24)2026-06-24
    Verify at source

Reputation

Verified reputation data is unavailable

The ratings on file are illustrative and have no source URL or collection date. A verified source and review date are needed before scores can be displayed here.

Customer reviews
Source needed. A direct review-platform source and collection date are needed.
App Store & Google Play
Source needed. Verified store listings and collection dates are needed.
Press sentiment
Source needed. A dated source set and calculation method are needed.
Suggest a reputation source

Recent press

  • 2026-06-13
    BitMart expands token listingsNeutral

    CoinDesk — Listing volume increased despite continued scrutiny of screening standards.

  • 2026-03-27
    Legacy incidents still shape counterparty viewsNegative

    Reuters — Banks cited the 2021 breach when assessing exposure to the venue.

  • 2025-12-08
    Exchange adds withdrawal whitelistingPositive

    Bloomberg — Security controls were extended for retail accounts.

  • 2025-09-02
    Cayman venues face disclosure pressureNegative

    Financial Times — Operators were urged to publish entity and reserve information.

  • 2025-04-14
    Reserve attestation covers major assetsNeutral

    CoinDesk — A partial attestation was published for the first time since 2022.

Incidents & enforcement

  1. 2023-05-19Outage

    Withdrawals paused for around eight hours during a wallet-infrastructure upgrade.

  2. 2021-12-04HackUSD 196,000,000

    Hot-wallet compromise across Ethereum and BNB Chain wallets; the operator said it reimbursed affected users from its own funds.

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Report an outdated licence, a missing incident or a wrong status. Every suggestion is checked against the official register before the profile is changed.

Profile last reviewed 27 Aug 2026 (2026-08-27)