Germany’s DZ Bank has secured approval under the EU’s Markets in Crypto-Assets Regulation to operate its meinKrypto platform.
The licence was granted by Germany’s Federal Financial Supervisory Authority, allowing DZ Bank to provide crypto infrastructure services.
The platform will support cooperative banks across Germany, with each institution deciding whether to offer crypto trading to customers.
Participating banks must submit individual MiCA notifications before enabling retail crypto services.
Initial access will cover Bitcoin, Ether, Litecoin and Cardano for retail users.
The crypto services will be integrated into the VR Banking App as a self-directed investment option.
DZ Bank will act as the central operator, while local banks manage customer relationships.
The approval moves DZ Bank’s crypto strategy from planning into execution following years of regulatory preparation.
MiCA introduces a unified legal framework for crypto services across the European Union.
The meinKrypto platform was developed in partnership with IT provider Atruvia.
The licence provides legal clarity for earlier plans to roll out crypto trading across hundreds of cooperative banks.
At the time of reporting, Bitcoin price was $97,238.02.