Is VR TeilhaberBank Metropolregion Nürnberg eG licensed under MiCA in the European Union?

VR TeilhaberBank Metropolregion Nürnberg eG is a German cooperative universal bank (Genossenschaftsbank), not a standalone consumer crypto exchange. It is owned by its members and sits within the German cooperative banking network. According to research drawing on its corporate records, the entity was formed in 2021 through the merger of predecessor cooperative banks and was renamed from VR Bank Metropolregion Nürnberg eG in July 2025; it is headquartered in Neustadt an der Aisch, Bavaria. Its crypto offering is delivered inside its existing banking relationship rather than as a separate trading venue. Sources: vr-teilhaberbank.de, Wikipedia (DE)

On its own website the bank describes a crypto product called "meinKrypto", which it states lets customers buy and sell selected crypto-assets (Kryptowerte) directly within the VR Banking App. It presents this as access to the financial market of the future through the customer's existing bank, settled in the euro/SEPA banking environment. The bank's own pages do not advertise savings, staking, or a crypto card as core features of this service. These are the bank's own product descriptions, not independently verified claims. Source: vr-teilhaberbank.de (meinKrypto)

On the licensing question: the contracting legal entity is VR TeilhaberBank Metropolregion Nürnberg eG itself, a German entity supervised by the Federal Financial Supervisory Authority (BaFin), Germany's national competent authority for MiCA. In the ESMA register of authorised crypto-asset service providers, the MiCA authorisation recorded for this entity covers a single crypto-asset service - the execution of orders for crypto-assets on behalf of clients (order execution). On that basis it is licensed under MiCA in the EU, but the registered scope is narrow. Sources: MiCA CASP register (ID 23083), TheBanks.eu

What the licence does not, on the ESMA services list, extend to are the other MiCA crypto-asset services such as custody and administration of crypto-assets, operating a trading platform, exchanging crypto-assets for funds or for other crypto-assets, placing, reception and transmission of orders, advice, portfolio management, or transfer services. Some third-party research describes a broader set of activities for this entity, but those are not reflected in the order-execution scope shown here, and anyone relying on a specific permission should confirm it directly in the official ESMA/BaFin register. Sources: MiCA CASP register (ID 23083), TheBanks.eu