Crypto Finance and Bitpanda receive micar permission

The BaFin has given the DeutscheBörse subsidiary Crypto Finance and Bitpanda permission for EU-wide business with Bitcoin and other digital currencies. It is a so-called micar license (markets in Crypto-Assets regulation).

Dhe both companies serve different market segments in the emerging European cryptom market. Bitpanda (Website) According to Europe, is the leading crypto platform and, among other things, addresses private consumers as the advertising partner of FC Bayern Munich.

Crypto Finance (Germany) is part of the Crypto Finance Group (Website), which belongs to the Deutsche Börse group. This is limited to services for institutional customers and companies.

Commerzbank's customers of Crypto Finance, which have been offering its corporate customers in Germany since last September, has been offering a service for secure custody and trading crypto values ​​since last September.

We make it easy and safe for over 450 million people – and create a huge growth potential in one of the largest inland markets in the world. ”

Eric Demuth, CEO and co -founder of Bitpanda

According to Bitpanda, an accelerated growth has recorded an accelerated growth in the past twelve months. In the second half of 2024 alone, the number of users rose from five to six million

Eric Viohl, Managing Director of Crypto Finance (Germany) GmbH, said that his company, as one of the first service providers in Europe, could expand his offer and offer “institutional customers comprehensive crypto services at the highest regulatory level”.

The Micar license was introduced at the end of 2024. The first was awarded to the Dutch service provider ZBD in December. After that, the Stuttgart stock exchange also secured permission.dpa