EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is VR Bank Südpfalz eG licensed under MiCA in the European Union?
VR Bank Südpfalz eG's European entity (VR Bank Südpfalz 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 12 December 2025.
Verdict: VR Bank Südpfalz eG appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | VR Bank Südpfalz eG |
|---|---|
| Home Member State | Germany |
| National Competent Authority | Federal Financial Supervisory Authority (BaFin) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 529900MBFU46N7U7MF46 |
| Authorised services | Order execution |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About VR Bank Südpfalz eG
VR Bank Südpfalz eG is a German cooperative bank (legal form "eingetragene Genossenschaft", eG), not a consumer crypto exchange. As a cooperative, it is owned by its member-shareholders. Public records place its founding in 1865 and its headquarters in Landau in der Pfalz, Germany. Its website presents a traditional retail-banking offering - current accounts, payments, savings, loans and real-estate services - with no Bitcoin-only or multi-asset trading, custody, savings/DCA, staking or crypto card product on display. Sources: VR Bank Südpfalz website, Wikidata
On the regulatory question: the contracting legal entity is VR Bank Südpfalz eG, supervised in Germany by the Federal Financial Supervisory Authority (BaFin). Under the EU Markets in Crypto-Assets Regulation (MiCA), the entity is recorded as authorised for a single crypto-asset service - the execution of orders for crypto-assets on behalf of clients ("Order execution"). That is the full scope of the MiCA permission as reflected in the ESMA service data; it does not extend to custody and administration, operation of a trading platform, exchange of crypto-assets for funds, portfolio management, transfer services, advice or placement. Source: TheBanks.eu profile
In short, VR Bank Südpfalz eG appears in the MiCA register as a BaFin-supervised institution with a narrow order-execution authorisation, rather than as a consumer-facing crypto platform. The available research shows no active crypto-asset product marketed to retail customers and no crypto-related EUR/SEPA functionality. Anyone evaluating it should treat it as a regulated bank holding a limited MiCA service permission, and verify any current crypto offering directly with the bank and the official register. Sources: VR Bank Südpfalz website, TheBanks.eu profile
Which crypto services is VR Bank Südpfalz eG authorised to offer in the EU?
Under its MiCA authorisation issued by Federal Financial Supervisory Authority (BaFin), VR Bank Südpfalz eG (VR Bank Südpfalz 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 VR Bank Südpfalz eG not authorised to offer?
VR Bank Südpfalz 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 VR Bank Südpfalz 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 VR Bank Südpfalz 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 VR Bank Südpfalz eG in the EU?
If you transact through VR Bank Südpfalz eG's EEA-authorised entity (VR Bank Südpfalz 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 VR Bank Südpfalz eG's terms of service that your contracting entity is VR Bank Südpfalz eG, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to VR Bank Südpfalz 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 VR Bank Südpfalz eG's entry on the register:
Frequently asked questions about VR Bank Südpfalz eG and MiCA
Is VR Bank Südpfalz eG licensed under MiCA?
Yes. VR Bank Südpfalz 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 VR Bank Südpfalz 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 VR Bank Südpfalz 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 VR Bank Südpfalz 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 VR Bank Südpfalz 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 - VR Bank Südpfalz eG (VR Bank Südpfalz eG)
- VR Bank Südpfalz eG official website
- VR Bank Südpfalz eG official website
- TheBanks.eu - VR Bank Südpfalz eG profile (MiCA authorisation)
- Wikidata - VR Bank Südpfalz eG (founding, jurisdiction)
This page is updated weekly. Last verified . If you believe any information on this page is inaccurate, write to our contact page.