What ZBX is
Founded in 2018 in St Julian's (Malta) by a team spread across Malta, Switzerland and Sweden, ZBX — operated by Zillion Bits Ltd — was born as a "regulation-ready" exchange under the Maltese VFA framework, with a Class 4 licence. Unlike many exchanges of its generation, it did not die: it came through the European regulatory transition and is today a crypto-asset services platform enabled for fiat (EUR), offering custody, transfers, OTC, exchange and a trading platform, addressing both retail and corporate clients with a regulated "crypto banking" positioning. The company draws on the technical solutions of Zillion Bits AG, a Swiss exchange technology provider. Its size remains small compared with the big global names: its stated strength is compliance, not volumes.
Regulation and licences
- MiCA: YES — Zillion Bits Ltd (ZBX) is authorised by the MFSA (Malta Financial Services Authority) as a CASP under the MiCA regulation; the authorisation notice dates from February 2025, among the very first issued in Malta alongside those of Crypto.com, OKX and Bitpanda. (Verified: September 2026)
- It appears in the European lists of authorised CASPs (ESMA register) and is on the French AMF white list for the free provision of services: custody and administration of crypto-assets, operation of a trading platform, exchange, order execution and transfers. (Verified: September 2026)
- It previously operated with a Class 4 VFA licence under the Maltese Virtual Financial Assets Act, later transitioned into the MiCA regime.
- ZBX can operate legally across the EU even after the expiry of the transitional regime (01/07/2026) — one of the not-so-frequent cases, among smaller exchanges of its generation, of an operator still active and duly authorised.
Security
- No breaches of customer funds are publicly known in the exchange's history: an absence of reports, which is not in itself proof that nothing has ever happened.
- Beware of clones: the MFSA has published official warnings against fraudulent sites usurping the ZBX name (including "zbx-exchanges.com" and "zbxchange.com"), which are NOT registered or authorised Maltese companies. The only legitimate domain is zbx.com. (Verified: September 2026)
Alternatives
- Crypto.com — a MiCA CASP also authorised by the Maltese MFSA, with a far broader retail offering
- Kraken — full MiCA licence via the Central Bank of Ireland
- Bitstamp — another regulated European veteran
FAQ
- Is ZBX legal in the EU? Yes: Zillion Bits Ltd is authorised as a MiCA CASP by the Maltese MFSA (February 2025), with passporting valid across the entire European Economic Area, and therefore also after the tightening of 01/07/2026. (Verified: September 2026)
- Are ZBX and ZB.com the same thing? No. ZBX is the Maltese company Zillion Bits Ltd; ZB.com was an exchange of Chinese origin, involved in 2022 in a serious incident with suspended withdrawals. The two should not be confused, and there are also clone sites exploiting the ambiguity of the name.
- What services does ZBX offer today? Custody, transfers, OTC, exchange and a crypto-asset trading platform, with euro fiat channels, for private and corporate clients. (Verified: September 2026)
Verified sources
- https://www.zbx.com/licenses
- https://www.amf-france.org/en/warnings/white-lists/daspcasp/zillion-bits-limited
- https://maltaceos.mt/co-founder-ian-dawson-appointed-ceo-at-st-julians-based-zbx-exchange/
- https://www.mfsa.mt/news-item/mfsa-warning-zbx-exchanges-clone/
TEAM MEMBERS
LEADERSHIP
HQ OF ZBX
San Julian, Malta
CONTACTS OF THE ZBX
All images, branding and wording are copyright of ZBX. All content on this page is used for informational purposes only. Spaziocrypto has no affiliation or relationship with the company mentioned on this page.
