RatEx42, the leading compliance intelligence platform for the financial industry, today announced the formal listing and Black (Critical Risk) rating of Dream Finance, the entity behind major crypto payment processors CoinsPaid and CryptoProcessing. This critical designation follows the abrupt suspension of all crypto-asset services by Dream Finance UAB in Lithuania, a direct consequence of the European Union’s stringent new Markets in Crypto-Assets (MiCA) regulation.
The MiCA Guillotine: A New Era for Crypto Compliance
“The suspension of Dream Finance in Lithuania is not just another headline; it’s a profound seismic shift for the entire crypto-iGaming ecosystem,” states a Senior Compliance Analyst at FinTelegram, RatEx42’s intelligence partner. “For years, entities like Dream Finance thrived in the regulatory arbitrage opportunities presented by jurisdictions with lax VASP registrations. MiCA has effectively erected a ‘guillotine’ at the stroke of midnight on January 1, 2026. Any VASP that failed to meet the rigorous new capital, governance, and AML/CFT standards faced immediate regulatory isolation.”
Dream Finance UAB, once a cornerstone of the iGaming payment landscape—boasting billions in processed transactions for casinos like those operated by its alleged beneficial owner, SoftSwiss—now finds itself unable to operate legally in a pivotal EU market. The company’s official notice on CoinsPaid’s legal hub cites a “temporary suspension…to ensure full alignment with the requirements of Regulation (EU) 2023/1114 on Markets in Crypto-Assets (MiCA).” However, RatEx42’s analysis indicates this is a strategic retreat rather than a simple compliance pivot.
Why the “Black” Rating?
The Black (Critical Risk) rating by RatEx42 is reserved for entities that pose an existential threat to financial integrity due to severe regulatory non-compliance, involvement in illicit financial flows, or a complete loss of operational license in key jurisdictions.
“Dream Finance’s historical reliance on high-risk, unlicensed offshore gambling merchants made it an inevitable target for MiCA enforcement,” explains the RatEx42 analyst. “Their business model, which essentially facilitated the obfuscation of gambling funds through crypto channels, is incompatible with the new transparency and accountability demanded by European regulators.”
Read the Dream Finance reports on FinTelegram.
The Contagion Effect: A Pattern of Retreat
Dream Finance is not alone. Just days prior, utPay (Utrg UAB), another significant Lithuanian VASP known for its role in enabling illegal casino deposits, also announced a similar “temporary suspension” due to MiCA. This pattern underscores a coordinated effort by the Bank of Lithuania to cleanse its financial ecosystem of entities unwilling or unable to comply with the new regulatory landscape.
While Dream Finance maintains entities in Estonia (Dream Finance OÜ) and North America (Dream Finance US LLC), these do not grant them a “passport” to legally operate crypto-asset services across the EU under MiCA. Financial institutions, banks, and payment service providers engaging with any entity within the Dream Finance Group must exercise extreme caution and conduct enhanced due diligence.
Call to Action for Financial Institutions & Merchants
RatEx42 urges all financial institutions, acquiring banks, and merchants currently integrated with or routing payments through Dream Finance (CoinsPaid / CryptoProcessing) to immediately reassess their exposure. Funds linked to the suspended Lithuanian entity may face freezing, and continued engagement with non-MiCA compliant entities carries significant regulatory and reputational risk.
View the full, detailed 17-point Compliance Profile for Dream Finance on RatEx42.com: https://listings.ratex42.com/listings/dream-finance/
About RatEx42: RatEx42 is a cutting-edge compliance intelligence platform that provides real-time, in-depth risk assessments and investigative reports on high-risk payment processors, VASPs, and financial entities. Powered by FinTelegram’s extensive network, RatEx42 helps financial institutions, regulators, and businesses naviga
