Germany’s DZ Bank Gets MiCAR Approval for Crypto Trading Platform

• DZ Bank has secured MiCAR approval from BaFin to launch its meinKrypto platform.
• The approval allows institutions to trade major cryptocurrencies directly through DZ Bank’s interface.

Germany’s second-largest bank, DZ Bank, has gained regulatory authority to run a cryptocurrency trading platform under Europe’s Markets in Crypto-Assets Regulation (MiCAR), as it enables the institutions to trade major cryptos directly through the bank’s interface.

According to the announcement, with the authorization from the German financial regulator, BaFin, DZ Bank will launch its “meinKrypto” platform, which will allow users to trade popular cryptos, as confirmed by the bank through a press release.

As the meinKrypto platform was approved at the end of December, which has been developed by Atruvia, the IT service provider for Germany’s cooperative financial sector, it is a wallet built into the VR Banking application. The program is intended for independent investors and does not include retail advisory services, while the Boerse Stuttgart Digital Custody acts as a custodian for the crypto assets.

DZ Bank is the central bank for the German Cooperative Financial Network, which includes 672 independent local bank cooperatives such as Volksbanken and Raiffeisenbanken. As the platform will be provided first to the central institutions of cooperative banks.

Following that, each bank must apply for MiCAR clearance from BaFin before offering crypto trading to retail consumers. Once approved, users will soon be able to purchase and trade cryptos directly on DZ Bank’s platform.

The platform will support major cryptocurrencies, including Bitcoin, Ethereum, Cardano, and Litecoin, at launch. With that, any cooperative bank can determine whether or not to provide this crypto trading option to its consumers.

DZ Bank Joins Qivalis to Support Euro Stablecoin Plans

After this, on the same day, DZ Bank has officially joined Qivalis, a European banking consortium of 11 institutions, as it is already planning to launch a regulated euro stablecoin, targeted for the second half of 2026. As Jan-Oliver Sell, CEO of Qivalis, said, “our collective commitment to delivering a regulated on-chain payment infrastructure that serves European businesses and consumers with 24/7 cross-border payments, programmable payment solutions, and enhanced digital asset settlement capabilities.”

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