EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Commerzbank Aktiengesellschaft licensed under MiCA in the European Union?
Commerzbank Aktiengesellschaft's European entity (Commerzbank Aktiengesellschaft) 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 April 2025.
Verdict: Commerzbank Aktiengesellschaft appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Commerzbank Aktiengesellschaft |
|---|---|
| Home Member State | Germany |
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 851WYGNLUQLFZBSYGB56 |
| Authorised services | Custody, Transfer services |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Commerzbank Aktiengesellschaft
Commerzbank Aktiengesellschaft is a universal bank headquartered in Frankfurt am Main, Germany, not a consumer crypto exchange. Per the research summary, it describes itself as one of Germany's largest banks and a leading bank for the German Mittelstand, with roots dating to its founding in 1841. The crypto offering is institutional in nature: it provides crypto custody and trading limited to Bitcoin (BTC) and Ether (ETH), aimed at corporate and institutional clients, with the research summary citing a minimum volume of EUR 500,000 per client and settlement via SEPA. It does not offer a broad multi-asset suite, staking, savings, dollar-cost-averaging, or card services. Sources: Commerzbank crypto custody and trading, Commerzbank Group
The contracting legal entity is Commerzbank Aktiengesellschaft, supervised in Germany by the Federal Financial Supervisory Authority (BaFin). According to the research summary, custody is operated by Commerzbank on its own infrastructure, while trading execution is handled by its partner Crypto Finance (Deutschland) GmbH, a BaFin- and FINMA-regulated subsidiary of Deutsche Boerse Group. The summary notes that Commerzbank received Germany's first crypto custody licence under the national Banking Act (KWG) in November 2023, a German national authorisation rather than the harmonised MiCA CASP framework. Sources: Commerzbank press release, Fintech Futures
On the MiCA question itself: against BaFin as competent authority in Germany, the crypto-asset services recorded for this entity are Custody and Transfer services. That scope covers safekeeping and the transfer of crypto-assets on clients' behalf; it does not, on this record, extend to other MiCA services such as operating a trading platform, exchange of crypto-assets for funds, or portfolio management. Readers should confirm the entity's current authorisation status directly against the BaFin company database and the ESMA register before relying on it. Sources: Commerzbank crypto custody and trading, Commerzbank press release
Which crypto services is Commerzbank Aktiengesellschaft authorised to offer in the EU?
Under its MiCA authorisation issued by Federal Financial Supervisory Authority (BaFin), Commerzbank Aktiengesellschaft (Commerzbank Aktiengesellschaft) 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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Providing custody and administration of crypto-assets on behalf of clients
The exchange holds your crypto in its own wallets. Authorisation here means MiCA's segregation and insurance rules apply: client crypto-assets must be ring-fenced from the exchange's own funds.
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Providing transfer services for crypto-assets on behalf of clients
The exchange can move crypto between addresses on your behalf, including off-platform withdrawals. The Travel Rule applies to these transfers.
Which services is Commerzbank Aktiengesellschaft not authorised to offer?
Commerzbank Aktiengesellschaft's MiCA licence does not cover: Trading platform, Exchange for funds, Exchange for crypto, Order execution, Placing, Order R&T, Advice, Portfolio mgmt. These services may still be offered by other authorised providers, or by Commerzbank Aktiengesellschaft 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 Commerzbank Aktiengesellschaft 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 Commerzbank Aktiengesellschaft in the EU?
If you transact through Commerzbank Aktiengesellschaft's EEA-authorised entity (Commerzbank Aktiengesellschaft), 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 Commerzbank Aktiengesellschaft's terms of service that your contracting entity is Commerzbank Aktiengesellschaft, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to Commerzbank Aktiengesellschaft?
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 Commerzbank Aktiengesellschaft's entry on the register:
Frequently asked questions about Commerzbank Aktiengesellschaft and MiCA
Is Commerzbank Aktiengesellschaft licensed under MiCA?
Yes. Commerzbank Aktiengesellschaft 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 Commerzbank Aktiengesellschaft 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 Commerzbank Aktiengesellschaft 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 Commerzbank Aktiengesellschaft'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 Commerzbank Aktiengesellschaft's entry is on this page under 'Sources'.
Sources
- ESMA Register of Crypto-Asset Service Providers
- Federal Financial Supervisory Authority (BaFin)
- ESMA MiCA Register - Commerzbank Aktiengesellschaft (Commerzbank Aktiengesellschaft)
- Commerzbank Aktiengesellschaft official website
- Commerzbank crypto custody and trading product page
- Commerzbank press release on Crypto Finance partnership
- Fintech Futures: Commerzbank first German bank to receive crypto custody licence
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