EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is sino Aktiengesellschaft licensed under MiCA in the European Union?
sino Aktiengesellschaft's European entity (sino 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 24 November 2025.
Verdict: sino Aktiengesellschaft appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | sino Aktiengesellschaft |
|---|---|
| Home Member State | Germany |
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 5299008GFCQY16M45R85 |
| Authorised services | Order R&T |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About sino Aktiengesellschaft
sino Aktiengesellschaft, which trades as sino AG and describes itself as a 'High End Brokerage' based in Düsseldorf, Germany, is a securities broker rather than a consumer crypto exchange. On its own site the company states it has served Germany's most active 'heavy traders' for more than 25 years, offering proprietary trading platforms (the sino MX-PRO, X2Go and the GRID) with access to more than 40 national and international exchanges and personal account support. Its core business is the execution of equities and securities orders, not a Bitcoin or multi-asset crypto product. Source: sino.de
On the regulatory point, the contracting legal entity is sino Aktiengesellschaft, supervised in Germany by the Federal Financial Supervisory Authority (BaFin). Under the EU framework it is recorded as authorised for one crypto-asset service: the reception and transmission of orders for crypto-assets on behalf of clients (Order R&T). This is the only MiCA service it is listed for. Source: BaFin
Practically, the licence does not cover custody and administration of crypto-assets, operation of a trading platform, exchange of crypto-assets for funds or other crypto-assets, portfolio management, advice, transfer services or staking. A reception-and-transmission permission means the firm may receive a client order and pass it on for execution; it is consistent with sino's brokerage model rather than with a retail exchange or wallet. Anyone evaluating the firm should confirm the current scope directly against the BaFin and ESMA registers. Sources: sino.de, BaFin
Which crypto services is sino Aktiengesellschaft authorised to offer in the EU?
Under its MiCA authorisation issued by Federal Financial Supervisory Authority (BaFin), sino Aktiengesellschaft (sino 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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Reception and transmission of orders for crypto-assets on behalf of clients
The exchange can receive your order and pass it to another venue for execution. Brokerage-pattern service, often paired with order execution.
Which services is sino Aktiengesellschaft not authorised to offer?
sino Aktiengesellschaft's MiCA licence does not cover: Custody, Trading platform, Exchange for funds, Exchange for crypto, Order execution, Placing, Advice, Portfolio mgmt, Transfer services. These services may still be offered by other authorised providers, or by sino 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 sino 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 sino Aktiengesellschaft in the EU?
If you transact through sino Aktiengesellschaft's EEA-authorised entity (sino 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 sino Aktiengesellschaft's terms of service that your contracting entity is sino Aktiengesellschaft, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to sino 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 sino Aktiengesellschaft's entry on the register:
Frequently asked questions about sino Aktiengesellschaft and MiCA
Is sino Aktiengesellschaft licensed under MiCA?
Yes. sino 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 sino 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 sino 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 sino 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 sino Aktiengesellschaft's entry is on this page under 'Sources'.
Sources
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