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DZ Bank Wins BaFin MiCAR Authorization for ‘meinKrypto’ Retail Crypto Platform

Access will depend on each Volksbank or Raiffeisenbank securing its own MiCAR notification.

Overview

  • BaFin granted the authorization in late December under the EU’s MiCAR framework, allowing DZ Bank to operate the platform.
  • meinKrypto serves as shared infrastructure for the cooperative banking network, to be offered through the existing VR Banking app once banks opt in.
  • The service targets self-directed retail investors and sits outside traditional advisory channels.
  • At launch, supported assets will include Bitcoin, Ethereum, Litecoin and Cardano.
  • Custody will be provided by Boerse Stuttgart Digital Custody and trade execution by EUWAX, with development carried out alongside Atruvia.