Frankfurt/Zurich, 27 January 2025 – Crypto Finance, a Deutsche Börse Group subsidiary, has achieved a significant milestone by securing one of the first MiCAR (Markets in Crypto Assets Regulation) licenses in the European Union. The Federal Financial Supervisory Authority (BaFin) granted this authorization to Crypto Finance (Deutschland) GmbH, the company’s German entity, reinforcing its position as a leader in regulated digital asset services.
Expanded Services Under MiCAR License
The MiCAR license empowers Crypto Finance to deliver five core crypto asset services across Europe:
- Custody of crypto assets
- Exchange between crypto assets and fiat currencies
- Trading between different crypto assets
- Transfer services for crypto assets
- Order execution for clients
This regulatory approval enables the company to offer institutional-grade crypto solutions with the highest compliance standards. Eric Viohl, Managing Director of Crypto Finance (Deutschland) GmbH, notes: "The MiCAR license enhances trust in our platform. European clients now gain access to a wider suite of regulated services designed for institutional requirements."
Why MiCAR Matters
MiCAR establishes a harmonized framework for crypto asset regulation in the EU, promoting:
- Transparency in market operations
- Security for investors and institutions
- Innovation within a compliant ecosystem
Crypto Finance views this as a pivotal step toward standardizing digital asset services, ensuring reliability for institutional participants.
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Strategic Advantages
As part of Deutsche Börse Group, Crypto Finance leverages its infrastructure to provide:
- Secure custody solutions
- Efficient trading platforms
- Integrated crypto services
The MiCAR license underscores its capability to adapt to Europe’s evolving crypto landscape, offering clients a future-proof digital asset infrastructure.
About Crypto Finance
The Crypto Finance Group (under Deutsche Börse Group) delivers professional digital asset services to institutional clients. Its entities include:
- Crypto Finance AG (FINMA-regulated, Switzerland) – Specializes in trading, custody, and wallet services.
- Crypto Finance (Deutschland) GmbH (BaFin-regulated, Germany) – Focuses on trading and custody.
Notably, Crypto Finance AG is a SIX-approved custodian for crypto ETP issuers.
FAQs
Q1: What is the significance of the MiCAR license?
A1: MiCAR provides a unified regulatory framework for crypto services in the EU, ensuring compliance, security, and market stability.
Q2: How does Crypto Finance stand out among MiCAR-licensed providers?
A2: Its affiliation with Deutsche Börse Group and dual-country regulation (Germany/Switzerland) offers clients unparalleled institutional trust.
Q3: Which services are now available across Europe under MiCAR?
A3: Custody, fiat/crypto exchanges, crypto-to-crypto trading, transfers, and order execution.