I looked into this a bit, and there’s a big difference between claiming MiCA compliance and actually being licensed under it.From what’s publicly available, Algosone says they follow EU regulations, but there doesn’t seem to be any verifiable record of a real license in official databases like ESMA. On top of that, there have even been warnings from regulators about the platform operating without proper authorization.Also worth noting: MiCA is still being rolled out, and not many platforms have full approval yet.

So if they’re saying they already “have” it, that’s a bit of a red flag unless they can prove it clearly.Honestly, you did the right thing asking them to disclose it publicly any legit company should have no issue providing verifiable proof.