EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Volksbank Heiden eG licensed under MiCA in the European Union?
Volksbank Heiden eG's European entity (Volksbank Heiden eG) 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 2 June 2026.
Verdict: Volksbank Heiden eG appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Volksbank Heiden eG |
|---|---|
| Home Member State | Germany |
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 391200CC11KVFA4HGG45 |
| Authorised services | Order execution |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Volksbank Heiden eG
Volksbank Heiden eG is a German cooperative bank (Genossenschaftsbank) and a member of the VR (Volksbanken und Raiffeisenbanken) cooperative banking group, not a consumer crypto exchange. Its public website presents the standard retail and corporate banking range of a local German cooperative bank - current accounts (Girokonto), consumer credit, building finance and pension products - with no dedicated crypto-asset product on display. Where it touches crypto-asset services, it does so as a regulated bank that has added a narrow crypto-asset authorisation, rather than as a crypto-native platform. Source: vbheiden.de
On the regulatory question: yes, Volksbank Heiden eG is recorded as authorised under the EU's Markets in Crypto-Assets Regulation (MiCA). The contracting legal entity is Volksbank Heiden eG itself, established in Germany and supervised by the German Federal Financial Supervisory Authority (BaFin). Its MiCA authorisation is limited to a single crypto-asset service - the execution of orders, listed in the register as order execution. It is authorised in Germany. Sources: BaFin, EU MiCA register entry
What the licence does not cover is as important as what it does. The single authorised service is order execution; the entry does not list custody and administration of crypto-assets, the operation of a trading platform, exchange of crypto-assets for funds or for other crypto-assets, portfolio management, advice, or placing or transfer services. There is likewise no indication of staking, savings or crypto-card products. A consumer should not assume any of those activities are MiCA-authorised for this entity based on this listing. Source: EU MiCA register entry
Which crypto services is Volksbank Heiden eG authorised to offer in the EU?
Under its MiCA authorisation issued by Federal Financial Supervisory Authority (BaFin), Volksbank Heiden eG (Volksbank Heiden eG) 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 Volksbank Heiden eG not authorised to offer?
Volksbank Heiden eG'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 Volksbank Heiden eG 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 Volksbank Heiden eG 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 Volksbank Heiden eG in the EU?
If you transact through Volksbank Heiden eG's EEA-authorised entity (Volksbank Heiden eG), 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 Volksbank Heiden eG's terms of service that your contracting entity is Volksbank Heiden eG, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to Volksbank Heiden eG?
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 Volksbank Heiden eG's entry on the register:
Frequently asked questions about Volksbank Heiden eG and MiCA
Is Volksbank Heiden eG licensed under MiCA?
Yes. Volksbank Heiden eG 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 Volksbank Heiden eG 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 Volksbank Heiden eG 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 Volksbank Heiden eG'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 Volksbank Heiden eG's entry is on this page under 'Sources'.
Sources
- ESMA Register of Crypto-Asset Service Providers
- Federal Financial Supervisory Authority (BaFin)
- ESMA MiCA Register - Volksbank Heiden eG (Volksbank Heiden eG)
- Volksbank Heiden eG official website
- Volksbank Heiden eG official website
- BaFin (German Federal Financial Supervisory Authority)
- EU MiCA register entry for Volksbank Heiden eG
This page is updated weekly. Last verified . If you believe any information on this page is inaccurate, write to our contact page.