EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is MLP Banking AG licensed under MiCA in the European Union?
MLP Banking AG's European entity (MLP Banking 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 11 March 2026.
Verdict: MLP Banking AG appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | MLP Banking AG |
|---|---|
| Home Member State | Germany |
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 529900YOBXEE8ZYM4V56 |
| Authorised services | Order execution |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About MLP Banking AG
MLP Banking AG is a specialised German bank, not a consumer crypto exchange. It is the banking arm of the MLP group, a financial-advisory and banking business founded in 1971 and headquartered in Wiesloch, Germany. Rather than running a standalone trading app, MLP offers crypto-asset trading to its own retail banking customers as one service inside a broader wealth, insurance and retirement advisory relationship. Sources: MLP, MLP SE (Wikipedia)
On the crypto side, MLP states that it offers customers cryptocurrency trading starting with Bitcoin, with further assets such as Ether to follow successively. The service is a spot-trading offering integrated into MLP's online banking and funded in EUR via the bank's SEPA infrastructure; it is not described as a savings, staking or card product. According to MLP, custody and order execution are handled by third-party partners rather than by the bank itself. These are the company's own descriptions of its launch and should be read as such. Source: MLP press release
On the legal point, the contracting entity recorded in this dataset is MLP Banking AG, with Germany as the jurisdiction and the Federal Financial Supervisory Authority (BaFin) as the competent authority. Under the MiCA framework, the crypto-asset service listed for this entity is order execution (execution of orders for crypto-assets on behalf of clients). It is not, on this record, authorised for the full range of MiCA crypto-asset services - for example portfolio management, advice on crypto-assets, or operating a public trading platform are not listed here. Anyone relying on the licence should confirm the current scope and authority directly in the official register before acting. Sources: MiCA CASP register, MLP
Which crypto services is MLP Banking AG authorised to offer in the EU?
Under its MiCA authorisation issued by Federal Financial Supervisory Authority (BaFin), MLP Banking AG (MLP Banking 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.
-
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 MLP Banking AG not authorised to offer?
MLP Banking AG'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 MLP Banking 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 MLP Banking 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 MLP Banking AG in the EU?
If you transact through MLP Banking AG's EEA-authorised entity (MLP Banking 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 MLP Banking AG's terms of service that your contracting entity is MLP Banking AG, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to MLP Banking 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 MLP Banking AG's entry on the register:
Frequently asked questions about MLP Banking AG and MiCA
Is MLP Banking AG licensed under MiCA?
Yes. MLP Banking 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 MLP Banking 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 MLP Banking 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 MLP Banking 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 MLP Banking AG's entry is on this page under 'Sources'.
Sources
This page is updated weekly. Last verified . If you believe any information on this page is inaccurate, write to our contact page.