EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Bankhaus Scheich Wertpapierspezialist AG licensed under MiCA in the European Union?
Bankhaus Scheich Wertpapierspezialist AG's European entity (Bankhaus Scheich Wertpapierspezialist AG) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Germany on 7 August 2025.
Verdict: Bankhaus Scheich Wertpapierspezialist AG appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Bankhaus Scheich Wertpapierspezialist AG |
|---|---|
| Home Member State | Germany |
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 54930079HJ1JTMKTW637 |
| Authorised services | Exchange for funds, Exchange for funds, Order execution, Order execution, Placing, Order R&T, Portfolio management |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Bankhaus Scheich Wertpapierspezialist AG
Bankhaus Scheich Wertpapierspezialist AG is a German securities trading house and market maker, not a consumer crypto exchange. The firm states it has operated since 1985 from Frankfurt am Main as an owner-operated institution, and describes itself as a leading address for professional securities trading on the Frankfurt Stock Exchange (FWB) and one of the first regulated institutes active in digital assets. Its client base is institutional - asset managers, banks, FinTechs, broker-dealers, hedge funds, family offices and pension funds - rather than retail consumers. Source: bankhaus-scheich.de
Its crypto-asset activity is run under the brand 'tradias', which the firm presents as a regulated offering for professional and institutional investors. Research summaries indicate this covers multi-asset spot trading (including Bitcoin and Ethereum and other digital assets, not Bitcoin-only) plus crypto lending where the firm acts as counterparty and agent, with EUR/SEPA settlement as a regulated German financial institution. There is no evidence in the research of consumer-style savings/DCA, staking or a crypto card. Note that available sources also report that tradias later separated from Bankhaus Scheich to operate under its own BaFin licence, so the entity directly operating the crypto service may have changed. Sources: Tradias crypto one-pager (PDF), tradias independence report
On the legal point: the contracting legal entity is Bankhaus Scheich Wertpapierspezialist AG, established in Germany and supervised by the Federal Financial Supervisory Authority (BaFin). The authorisation recorded against this entity covers securities-style and crypto-asset services framed as operation of a trading platform / exchange for funds, order execution, placing, reception and transmission of orders, and portfolio management. That set notably does not include consumer-facing services such as custody marketed to retail, savings, staking or a payment card. Anyone relying on a specific MiCA permission should confirm the current register entry, since the research does not independently verify which licensed entity (Bankhaus Scheich or the now-separate tradias) currently carries it. Sources: bankhaus-scheich.de, Deutsche Boerse Xetra listing
Which crypto services is Bankhaus Scheich Wertpapierspezialist AG authorised to offer in the EU?
Under its MiCA authorisation issued by Federal Financial Supervisory Authority (BaFin), Bankhaus Scheich Wertpapierspezialist AG (Bankhaus Scheich Wertpapierspezialist AG) is approved to provide the following services to EEA residents. Each service is defined in Article 3(1)(16) of Regulation (EU) 2023/1114.
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Exchange of crypto-assets for funds
The exchange offers crypto-to-fiat (e.g. BTC to EUR) and fiat-to-crypto conversion. Authorisation here implies MiCA's pricing transparency requirements.
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Exchange of crypto-assets for funds
The exchange offers crypto-to-fiat (e.g. BTC to EUR) and fiat-to-crypto conversion. Authorisation here implies MiCA's pricing transparency requirements.
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Execution of orders for crypto-assets on behalf of clients
The exchange can place orders for you on third-party venues (smart-routing). Less common in retail crypto; relevant for brokerage-style services.
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Execution of orders for crypto-assets on behalf of clients
The exchange can place orders for you on third-party venues (smart-routing). Less common in retail crypto; relevant for brokerage-style services.
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Placing of crypto-assets
The exchange can underwrite or distribute new crypto-asset issuances. Relevant for primary offerings and structured token launches.
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Reception and transmission of orders for crypto-assets on behalf of clients
The exchange can receive your order and pass it to another venue for execution. Brokerage-pattern service, often paired with order execution.
Which services is Bankhaus Scheich Wertpapierspezialist AG not authorised to offer?
Bankhaus Scheich Wertpapierspezialist AG's MiCA licence does not cover: Custody, Trading platform, Exchange for crypto, Advice, Portfolio mgmt, Transfer services. These services may still be offered by other authorised providers, or by Bankhaus Scheich Wertpapierspezialist AG under a different regulatory framework (for example, derivatives may fall under MiFID II rather than MiCA). Source: ESMA Register, retrieved 30 June 2026.
See other MiCA-authorised exchanges by service:
Why is Bankhaus Scheich Wertpapierspezialist AG licensed in Germany?
Germany's BaFin runs a strict, banking-style authorisation model. Trade Republic, which already held a German banking licence, was authorised in April 2025. BaFin previously refused Binance's German licence application in 2023, leading Binance to withdraw from the German market. Source: Federal Financial Supervisory Authority (BaFin).
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
|---|---|
| Investor compensation | EdW (compensation scheme for securities firms) plus bank-deposit cover where applicable. |
| Regulatory context | BaFin's banking-style scrutiny is the highest barrier among MiCA NCAs. |
What does this mean for users of Bankhaus Scheich Wertpapierspezialist AG in the EU?
If you transact through Bankhaus Scheich Wertpapierspezialist AG's EEA-authorised entity (Bankhaus Scheich Wertpapierspezialist AG), the protections introduced by MiCA apply to your relationship from onwards. In practical terms this means: client crypto-assets are ring-fenced from the exchange's own funds (Article 70 MiCA), the authorised entity holds prudential capital, has formal complaint-handling procedures, and is subject to transparency obligations on fees and order execution. Source: Regulation (EU) 2023/1114.
One thing to verify yourself: the legal entity you contract with day-to-day must match the entity in the ESMA register. Some global exchanges operate multiple legal entities under one brand. Confirm in Bankhaus Scheich Wertpapierspezialist AG's terms of service that your contracting entity is Bankhaus Scheich Wertpapierspezialist AG, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to Bankhaus Scheich Wertpapierspezialist AG?
Three MiCA-authorised providers to consider. Drawn from the ESMA register, never paid placement.
| Provider | Home Member State | Authorised | Services |
|---|---|---|---|
| Alaric Securities | Bulgaria | 9 services | |
| OKX | Malta | 9 services | |
| Kraken | Ireland | 8 services |
Related reading
Understand the regulatory context behind Bankhaus Scheich Wertpapierspezialist AG's entry on the register:
Frequently asked questions about Bankhaus Scheich Wertpapierspezialist AG and MiCA
Is Bankhaus Scheich Wertpapierspezialist AG licensed under MiCA?
Yes. Bankhaus Scheich Wertpapierspezialist AG appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Germany.
Which EU countries can Bankhaus Scheich Wertpapierspezialist AG serve under this licence?
A MiCA authorisation in one EEA member state permits passporting across all EEA member states, subject to a notification process to each host-state regulator.
Are my crypto-assets on Bankhaus Scheich Wertpapierspezialist AG protected under MiCA?
MiCA introduces ring-fencing of client crypto-assets, prudential capital requirements for the authorised entity, complaint-handling obligations, and conduct rules. It does not provide a deposit-guarantee scheme equivalent to bank deposit insurance.
What's the difference between the authorised entity and the global brand?
Some global exchanges operate multiple legal entities. The MiCA authorisation applies only to the specific legal entity in the ESMA register, not to the global brand. Verify the contracting entity in Bankhaus Scheich Wertpapierspezialist AG's terms of service.
Where can I check the official record?
The ESMA register publishes the authoritative list and updates it weekly. The direct link to Bankhaus Scheich Wertpapierspezialist AG's entry is on this page under 'Sources'.
Sources
- ESMA Register of Crypto-Asset Service Providers
- Federal Financial Supervisory Authority (BaFin)
- ESMA MiCA Register - Bankhaus Scheich Wertpapierspezialist AG (Bankhaus Scheich Wertpapierspezialist AG)
- Bankhaus Scheich Wertpapierspezialist AG official website
- Bankhaus Scheich Wertpapierspezialist AG - official website
- Tradias crypto one-pager (Bankhaus Scheich, PDF)
- Deutsche Boerse Xetra designated sponsor / market maker listing
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