EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Hannoversche Volksbank eG licensed under MiCA in the European Union?
Hannoversche Volksbank eG's European entity (Hannoversche Volksbank eG) 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 12 December 2025.
Verdict: Hannoversche Volksbank eG appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Hannoversche Volksbank eG |
|---|---|
| Home Member State | Germany |
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 529900MQJIQGD8N3YV53 |
| Authorised services | Order execution |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Hannoversche Volksbank eG
Hannoversche Volksbank eG is a German cooperative bank ('eG' stands for eingetragene Genossenschaft, a registered cooperative owned by its members) rather than a consumer crypto-asset exchange. Its public website presents the full range of a regional retail and corporate bank - current accounts (Girokonto), savings and investment products, consumer and construction loans, credit cards and cooperative membership - and is headquartered in Hannover, Germany. Sources: Hannoversche Volksbank eG, TheBanks.eu
On the MiCA question: the contracting legal entity is Hannoversche Volksbank eG itself, supervised in Germany by the Federal Financial Supervisory Authority (BaFin). According to TheBanks.eu and a corresponding Wikidata record, the bank was authorised as a crypto-asset service provider (CASP) under MiCA on 12 December 2025. Sources: TheBanks.eu, Wikidata
The scope of that authorisation is narrow. The entity is listed for a single MiCA crypto-asset service - the execution of orders for crypto-assets on behalf of clients. It is not listed for other MiCA services such as custody and administration of crypto-assets, operating a trading platform, exchange of crypto-assets for funds or other crypto-assets, placing, reception and transmission of orders, advice, or portfolio management. Any crypto activity therefore sits inside the bank's order-execution permission rather than a broad exchange or custody offering, and the research does not evidence a standalone retail crypto product. Source: TheBanks.eu
Which crypto services is Hannoversche Volksbank eG authorised to offer in the EU?
Under its MiCA authorisation issued by Federal Financial Supervisory Authority (BaFin), Hannoversche Volksbank eG (Hannoversche Volksbank eG) 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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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.
Which services is Hannoversche Volksbank eG not authorised to offer?
Hannoversche Volksbank eG's MiCA licence does not cover: Custody, Trading platform, Exchange for funds, Exchange for crypto, Placing, Order R&T, Advice, Portfolio mgmt, Transfer services. These services may still be offered by other authorised providers, or by Hannoversche Volksbank eG 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 Hannoversche Volksbank eG 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 Hannoversche Volksbank eG in the EU?
If you transact through Hannoversche Volksbank eG's EEA-authorised entity (Hannoversche Volksbank eG), 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 Hannoversche Volksbank eG's terms of service that your contracting entity is Hannoversche Volksbank eG, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to Hannoversche Volksbank eG?
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 Hannoversche Volksbank eG's entry on the register:
Frequently asked questions about Hannoversche Volksbank eG and MiCA
Is Hannoversche Volksbank eG licensed under MiCA?
Yes. Hannoversche Volksbank eG 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 Hannoversche Volksbank eG 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 Hannoversche Volksbank eG 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 Hannoversche Volksbank eG'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 Hannoversche Volksbank eG's entry is on this page under 'Sources'.
Sources
- ESMA Register of Crypto-Asset Service Providers
- Federal Financial Supervisory Authority (BaFin)
- ESMA MiCA Register - Hannoversche Volksbank eG (Hannoversche Volksbank eG)
- Hannoversche Volksbank eG official website
- TheBanks.eu - Hannoversche Volksbank eG profile (MiCA CASP status)
- Wikidata - Hannoversche Volksbank eG (MiCA status start date)
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