DZ Bank gets MiCA approval to operate meinKrypto in Germany

DZ Bank, one of Germany’s largest banking groups by assets, announced Wednesday that it had received approval from Germany’s Federal Financial Supervisory Authority (BaFin) under the EU’s Markets in Crypto-Assets Regulation (MiCA) to operate crypto services in Germany. The approval covers DZ Bank’s crypto platform, “meinKrypto,” which is designed to provide crypto trading infrastructure to banks within Germany’s cooperative banking network and will be made available to participating local banks in the coming months.

Under the model, DZ Bank will act as the central operator while individual cooperative banks decide whether to offer the crypto services to their retail customers; each participating bank must file a separate MiCA notification with BaFin before enabling crypto trading. At launch the offering will support Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Cardano (ADA) and will be integrated into the VR Banking App as a self-directed investment option.

The platform was developed jointly by DZ Bank and Atruvia. MiCA approval marks a transition from planning to execution after years of regulatory preparation and provides a legal basis to operate crypto infrastructure under the unified EU framework, replacing fragmented national regimes.

The approval does not automatically authorize retail distribution across DZ Bank’s entire network, and banks that want to offer the services must individually engage with regulators.

Key Topics

Crypto, Dz Bank, Meinkrypto, Bafin, Mica, Atruvia