EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Volksbank Raiffeisenbank Bayern Mitte eG licensed under MiCA in the European Union?
Volksbank Raiffeisenbank Bayern Mitte eG's European entity (Volksbank Raiffeisenbank Bayern Mitte 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 5 November 2025.
Verdict: Volksbank Raiffeisenbank Bayern Mitte eG appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Volksbank Raiffeisenbank Bayern Mitte eG |
|---|---|
| Home Member State | Germany |
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 529900ZW3QH424NY3959 |
| Authorised services | Order execution |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Volksbank Raiffeisenbank Bayern Mitte eG
Volksbank Raiffeisenbank Bayern Mitte eG is a German cooperative bank (Genossenschaftsbank), not a consumer crypto exchange. It is headquartered in Ingolstadt in Bavaria and operates as a full-service retail bank, with its public website featuring conventional products such as savings plans, home financing and managed investment funds rather than a standalone crypto platform. According to research summarising the bank's own announcements, it dates back to roughly 1896 and added a Bitcoin offering through a white-label arrangement. Source: vr-bayernmitte.de
The crypto service is described in the research as a Bitcoin-only product offered via a white-label "BitcoinGo" portal, covering spot buying and selling, custody, savings/DCA plans and a Bitcoin card, with EUR and SEPA debit from the customer's existing current account. The platform is reported to be operated by FIOR Digital GmbH, the operator behind 21bitcoin, under a partnership with the bank. The bank states it is among the first German banks to let customers buy and sell Bitcoin directly through their bank account. These are the bank's and its partner's own statements rather than independently verified facts, and the research indicates the service does not cover multi-asset trading, staking or custody of assets other than Bitcoin. Sources: vr-bayernmitte.de Bitcoin overview, blocktrainer.de
On the legal point, the contracting entity is Volksbank Raiffeisenbank Bayern Mitte eG itself, supervised in Germany by the Federal Financial Supervisory Authority (BaFin). Under MiCA, its ESMA-listed authorisation covers a single crypto-asset service - the execution of orders for crypto-assets on behalf of clients (order execution). That scope does not, on the ESMA services list, extend to other MiCA services such as custody and administration of crypto-assets, operating a trading platform, exchange of crypto-assets for funds or other crypto-assets, portfolio management, reception and transmission of orders, advice, placing, or transfer services. Anyone relying on a specific service should confirm the current entry against BaFin and ESMA registers. Sources: vr-bayernmitte.de Bitcoin product, Handelsblatt
Which crypto services is Volksbank Raiffeisenbank Bayern Mitte eG authorised to offer in the EU?
Under its MiCA authorisation issued by Federal Financial Supervisory Authority (BaFin), Volksbank Raiffeisenbank Bayern Mitte eG (Volksbank Raiffeisenbank Bayern Mitte 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.
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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.
Which services is Volksbank Raiffeisenbank Bayern Mitte eG not authorised to offer?
Volksbank Raiffeisenbank Bayern Mitte 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 Raiffeisenbank Bayern Mitte 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 Raiffeisenbank Bayern Mitte 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 Raiffeisenbank Bayern Mitte eG in the EU?
If you transact through Volksbank Raiffeisenbank Bayern Mitte eG's EEA-authorised entity (Volksbank Raiffeisenbank Bayern Mitte 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 Raiffeisenbank Bayern Mitte eG's terms of service that your contracting entity is Volksbank Raiffeisenbank Bayern Mitte eG, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to Volksbank Raiffeisenbank Bayern Mitte 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 Raiffeisenbank Bayern Mitte eG's entry on the register:
Frequently asked questions about Volksbank Raiffeisenbank Bayern Mitte eG and MiCA
Is Volksbank Raiffeisenbank Bayern Mitte eG licensed under MiCA?
Yes. Volksbank Raiffeisenbank Bayern Mitte 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 Raiffeisenbank Bayern Mitte 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 Raiffeisenbank Bayern Mitte 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 Raiffeisenbank Bayern Mitte 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 Raiffeisenbank Bayern Mitte 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 Raiffeisenbank Bayern Mitte eG (Volksbank Raiffeisenbank Bayern Mitte eG)
- Volksbank Raiffeisenbank Bayern Mitte eG official website
- Volksbank Raiffeisenbank Bayern Mitte eG - Bitcoin overview (issuer)
- 21bitcoin / VR Bank Bayern Mitte white-label partnership reporting
- Handelsblatt - Volksbank tests Bitcoin as loan collateral
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