EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is DekaBank Deutsche Girozentrale licensed under MiCA in the European Union?
DekaBank Deutsche Girozentrale's European entity (DekaBank Deutsche Girozentrale) 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 1 December 2025.
Verdict: DekaBank Deutsche Girozentrale appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | DekaBank Deutsche Girozentrale |
|---|---|
| Home Member State | Germany |
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 0W2PZJM8XOY22M4GG883 |
| Authorised services | Custody, Order execution, Transfer services |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About DekaBank Deutsche Girozentrale
DekaBank Deutsche Girozentrale is a German bank that acts as the central asset manager and securities-services provider for the Sparkassen-Finanzgruppe (the German savings-banks network), whose savings banks and associated institutions are its owners. According to research, it was founded in 1918 as the Deutsche Girozentrale and is headquartered in Frankfurt, Germany. It is an institutional bank rather than a consumer crypto exchange, so its crypto-asset activity is aimed primarily at institutional clients within the savings-banks group, not at retail self-service trading. Sources: Wikipedia: DekaBank, deka.de
On the crypto side, research indicates DekaBank offers spot trading and custody of crypto-assets, built on a partnership with Börse Stuttgart Digital that supports multiple assets such as Bitcoin and Ethereum rather than a single coin. As a German bank operating in euro, it works in EUR with SEPA payment rails. Research also notes that it does not directly provide retail-facing features such as savings or interest accounts, recurring purchase (DCA), staking, or a crypto card to the general public; these are positioned as institutional services. Sources: Ledger Insights, Asset Servicing Times
On the legal point, the contracting entity is DekaBank Deutsche Girozentrale itself, supervised in Germany by the Federal Financial Supervisory Authority (BaFin), with the European Central Bank also involved in its banking authorisation. Under MiCA, the entity is recorded as authorised for a defined set of crypto-asset services: Custody, Order execution, and Transfer services. That scope covers safekeeping and administration of crypto-assets, executing client orders, and transferring crypto-assets - it does not extend to other MiCA services such as operating a trading platform, exchanging crypto-assets against funds on its own account, placing, or advice, which are outside this listing. Sources: deka.de, Asset Servicing Times
Which crypto services is DekaBank Deutsche Girozentrale authorised to offer in the EU?
Under its MiCA authorisation issued by Federal Financial Supervisory Authority (BaFin), DekaBank Deutsche Girozentrale (DekaBank Deutsche Girozentrale) 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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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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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 DekaBank Deutsche Girozentrale not authorised to offer?
DekaBank Deutsche Girozentrale's MiCA licence does not cover: Trading platform, Exchange for funds, Exchange for crypto, Placing, Order R&T, Advice, Portfolio mgmt. These services may still be offered by other authorised providers, or by DekaBank Deutsche Girozentrale 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 DekaBank Deutsche Girozentrale 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 DekaBank Deutsche Girozentrale in the EU?
If you transact through DekaBank Deutsche Girozentrale's EEA-authorised entity (DekaBank Deutsche Girozentrale), 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 DekaBank Deutsche Girozentrale's terms of service that your contracting entity is DekaBank Deutsche Girozentrale, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to DekaBank Deutsche Girozentrale?
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 DekaBank Deutsche Girozentrale's entry on the register:
Frequently asked questions about DekaBank Deutsche Girozentrale and MiCA
Is DekaBank Deutsche Girozentrale licensed under MiCA?
Yes. DekaBank Deutsche Girozentrale 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 DekaBank Deutsche Girozentrale 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 DekaBank Deutsche Girozentrale 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 DekaBank Deutsche Girozentrale'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 DekaBank Deutsche Girozentrale's entry is on this page under 'Sources'.
Sources
- ESMA Register of Crypto-Asset Service Providers
- Federal Financial Supervisory Authority (BaFin)
- ESMA MiCA Register - DekaBank Deutsche Girozentrale (DekaBank Deutsche Girozentrale)
- DekaBank Deutsche Girozentrale official website
- DekaBank crypto custody licence and MiCA status (Asset Servicing Times)
- DekaBank partners Börse Stuttgart to provide cryptocurrency services (Ledger Insights)
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