EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is V-Bank AG licensed under MiCA in the European Union?
V-Bank AG's European entity (V-Bank 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 19 September 2025.
Verdict: V-Bank AG appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | V-Bank AG |
|---|---|
| Home Member State | Germany |
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 529900FB29C36LKTAW50 |
| Authorised services | Custody, Order execution, Transfer services |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About V-Bank AG
V-Bank AG is a German custodian bank (Depotbank), not a consumer crypto exchange. According to its own website, the bank focuses entirely on the safekeeping of assets ('die Verwahrung von Vermögen') and serves institutional and professional clients - independent asset managers, family offices, foundations and asset-managing banks - rather than retail users. Perplexity research dates its founding to 2007 and places its headquarters in Munich. Source: v-bank.com
In the crypto-asset space, V-Bank AG's role is custodial and operational rather than that of a retail trading app. Research summaries describe it offering crypto custody (spot custody), trading and settlement of crypto-assets for independent asset managers and their clients, along with technical processing of tokenised securities. It is reported to support EUR deposits and SEPA payments, with deposit-guarantee coverage up to 100,000 euros under the German scheme. There is no indication that it offers retail-facing savings, staking or card products. Sources: v-bank.com, thebanks.eu profile
On the legal point: the contracting entity is V-Bank AG, established in Germany and supervised by the Federal Financial Supervisory Authority (BaFin). Under MiCA, its authorisation as a crypto-asset service provider covers custody and administration of crypto-assets, the execution of orders for crypto-assets, and transfer services. It is not, on this record, authorised under MiCA for activities outside that set - for example operating a trading platform, exchanging crypto-assets, providing advice, or portfolio management of crypto-assets. So for the question 'Is V-Bank AG licensed under MiCA in the EU?', the answer is yes, but as an institutional custody, order-execution and transfer provider rather than as a consumer exchange. Source: v-bank.com
Which crypto services is V-Bank AG authorised to offer in the EU?
Under its MiCA authorisation issued by Federal Financial Supervisory Authority (BaFin), V-Bank AG (V-Bank 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.
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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 V-Bank AG not authorised to offer?
V-Bank AG'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 V-Bank 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 V-Bank 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 V-Bank AG in the EU?
If you transact through V-Bank AG's EEA-authorised entity (V-Bank 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 V-Bank AG's terms of service that your contracting entity is V-Bank AG, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to V-Bank 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 V-Bank AG's entry on the register:
Frequently asked questions about V-Bank AG and MiCA
Is V-Bank AG licensed under MiCA?
Yes. V-Bank 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 V-Bank 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 V-Bank 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 V-Bank 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 V-Bank AG's entry is on this page under 'Sources'.
Sources
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