EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Lang & Schwarz TradeCenter AG & Co. KG licensed under MiCA in the European Union?
Lang & Schwarz TradeCenter AG & Co. KG's European entity (Lang & Schwarz TradeCenter AG & Co. KG) 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 22 October 2025.
Verdict: Lang & Schwarz TradeCenter AG & Co. KG appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Lang & Schwarz TradeCenter AG & Co. KG |
|---|---|
| Home Member State | Germany |
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 5299000TZ4OSOOGU1120 |
| Authorised services | Exchange for funds, Exchange for crypto |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Lang & Schwarz TradeCenter AG & Co. KG
Lang & Schwarz TradeCenter AG & Co. KG is a German financial-market intermediary, not a consumer crypto exchange. According to research summaries, it operates as a systematic internalizer and market maker for off-exchange trading of traditional securities - equities, funds, bonds, ETFs and derivatives - and is a subsidiary operated by Lang & Schwarz Aktiengesellschaft, a holding company headquartered in Düsseldorf, Germany. The same sources date the parent group to 1996. Its public-facing site (ls-tc.de) presents stock, index and commodity market data rather than a retail crypto on-ramp. Sources: ls-tc.de, Wikipedia (Lang & Schwarz)
On the legal point: the contracting entity is Lang & Schwarz TradeCenter AG & Co. KG, established in Germany, with the Federal Financial Supervisory Authority (BaFin) named as the competent national authority. The research is not consistent on MiCA status: the structured record lists two service entries ('Exchange for funds' and 'Exchange for crypto'), while the narrative source summary states that this entity is not a crypto-asset service provider (CASP) under MiCA and offers no crypto-asset services. Because of that conflict, no active MiCA crypto-asset-service authorisation should be assumed from this research alone, and other crypto-asset services such as custody, transfer, or advice and portfolio management are not indicated. Source: Deutsche Börse Xetra designated-sponsor listing
For a consumer asking whether they can open an account here to buy or hold Bitcoin, the practical answer is that this is an institutional market-making entity rather than a retail crypto product. Research summaries indicate it does not market consumer-facing crypto features such as spot buying of named coins, custody wallets, savings or DCA plans, staking, or a payment card, and that any EUR/SEPA flows relate to traditional securities settlement via partner banks rather than crypto. Anyone evaluating MiCA coverage should rely on the official ESMA register entry and BaFin records for the exact scope of any licence. Sources: Lang & Schwarz (ls-d.de), ls-tc.de
Which crypto services is Lang & Schwarz TradeCenter AG & Co. KG authorised to offer in the EU?
Under its MiCA authorisation issued by Federal Financial Supervisory Authority (BaFin), Lang & Schwarz TradeCenter AG & Co. KG (Lang & Schwarz TradeCenter AG & Co. KG) 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 other crypto-assets
The exchange offers crypto-to-crypto trading (e.g. BTC to ETH). Required for most spot trading pairs not denominated in fiat.
Which services is Lang & Schwarz TradeCenter AG & Co. KG not authorised to offer?
Lang & Schwarz TradeCenter AG & Co. KG's MiCA licence does not cover: Custody, Trading platform, Order execution, Placing, Order R&T, Advice, Portfolio mgmt, Transfer services. These services may still be offered by other authorised providers, or by Lang & Schwarz TradeCenter AG & Co. KG 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 Lang & Schwarz TradeCenter AG & Co. KG 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 Lang & Schwarz TradeCenter AG & Co. KG in the EU?
If you transact through Lang & Schwarz TradeCenter AG & Co. KG's EEA-authorised entity (Lang & Schwarz TradeCenter AG & Co. KG), 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 Lang & Schwarz TradeCenter AG & Co. KG's terms of service that your contracting entity is Lang & Schwarz TradeCenter AG & Co. KG, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to Lang & Schwarz TradeCenter AG & Co. KG?
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 Lang & Schwarz TradeCenter AG & Co. KG's entry on the register:
Frequently asked questions about Lang & Schwarz TradeCenter AG & Co. KG and MiCA
Is Lang & Schwarz TradeCenter AG & Co. KG licensed under MiCA?
Yes. Lang & Schwarz TradeCenter AG & Co. KG 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 Lang & Schwarz TradeCenter AG & Co. KG 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 Lang & Schwarz TradeCenter AG & Co. KG 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 Lang & Schwarz TradeCenter AG & Co. KG'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 Lang & Schwarz TradeCenter AG & Co. KG's entry is on this page under 'Sources'.
Sources
- ESMA Register of Crypto-Asset Service Providers
- Federal Financial Supervisory Authority (BaFin)
- ESMA MiCA Register - Lang & Schwarz TradeCenter AG & Co. KG (Lang & Schwarz TradeCenter AG & Co. KG)
- Lang & Schwarz TradeCenter AG & Co. KG official website
- Deutsche Börse Xetra designated-sponsor / market-maker listing for Lang & Schwarz TradeCenter AG & Co. KG
- Lang & Schwarz Aktiengesellschaft (ls-d.de)
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