EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Vermögensbutler GmbH licensed under MiCA in the European Union?
Vermögensbutler GmbH's European entity (Vermögensbutler GmbH) 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 6 May 2026.
Verdict: Vermögensbutler GmbH appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Vermögensbutler GmbH |
|---|---|
| Home Member State | Germany |
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 529900ADW3Q5TWADIL41 |
| Authorised services | Order R&T, Portfolio management |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Vermögensbutler GmbH
Vermögensbutler GmbH is a German independent wealth-management advisory firm, not a consumer crypto exchange. According to its own website, the firm has advised clients ("Mandanten") across Germany since 2011, independently of banks and asset managers, on the orientation, control and monitoring of their investments, with an emphasis on individual advice and a family-office software approach rather than packaged products. The site does not market any Bitcoin or multi-asset spot trading, custody, savings, staking, or card product, nor EUR/SEPA crypto rails. Source: vermoegensbutler.de
On the legal point: the contracting entity is Vermögensbutler GmbH, established in Germany and supervised by the Federal Financial Supervisory Authority (BaFin). Under MiCA its authorisation, as recorded in the ESMA register data, covers the reception and transmission of orders for crypto-assets ("Order R&T") and portfolio management of crypto-assets. These are advisory and order-handling services rather than the operation of a trading platform. Sources: MiCA CASP register entry, vermoegensbutler.de
What the MiCA authorisation does not cover, on the recorded ESMA services, is custody and administration of crypto-assets on behalf of clients, operating a trading platform, exchanging crypto-assets for funds or for other crypto-assets, placing crypto-assets, providing transfer services, or providing advice as a standalone listed service. Anyone assessing this entity should read it as an institutional, advisory-style permission held by a traditional wealth manager, not as a retail crypto trading or custody offering. Source: MiCA CASP register entry
Which crypto services is Vermögensbutler GmbH authorised to offer in the EU?
Under its MiCA authorisation issued by Federal Financial Supervisory Authority (BaFin), Vermögensbutler GmbH (Vermögensbutler GmbH) is approved to provide the following services to EEA residents. Each service is defined in Article 3(1)(16) of Regulation (EU) 2023/1114.
-
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 Vermögensbutler GmbH not authorised to offer?
Vermögensbutler GmbH'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 Vermögensbutler GmbH 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 Vermögensbutler GmbH 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 Vermögensbutler GmbH in the EU?
If you transact through Vermögensbutler GmbH's EEA-authorised entity (Vermögensbutler GmbH), 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 Vermögensbutler GmbH's terms of service that your contracting entity is Vermögensbutler GmbH, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to Vermögensbutler GmbH?
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 | |
| Bankhaus Scheich Wertpapierspezialist AG | Germany | 7 services | |
| FIDUS Finanz AG | Germany | 4 services |
Related reading
Understand the regulatory context behind Vermögensbutler GmbH's entry on the register:
Frequently asked questions about Vermögensbutler GmbH and MiCA
Is Vermögensbutler GmbH licensed under MiCA?
Yes. Vermögensbutler GmbH 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 Vermögensbutler GmbH 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 Vermögensbutler GmbH 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 Vermögensbutler GmbH'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 Vermögensbutler GmbH's entry is on this page under 'Sources'.
Sources
- ESMA Register of Crypto-Asset Service Providers
- Federal Financial Supervisory Authority (BaFin)
- ESMA MiCA Register - Vermögensbutler GmbH (Vermögensbutler GmbH)
- Vermögensbutler GmbH official website
- Vermögensbutler GmbH official website
- MiCA CASP register entry (Vermögensbutler GmbH)
- MiCA register listing (micahub.net)
This page is updated weekly. Last verified . If you believe any information on this page is inaccurate, write to our contact page.