DZ Bank, Germany’s second largest banking group, announced that it has received approval for MiCAR from the German financial regulator BaFin.
This approval gives DZ Bank the right to operate a crypto platform called ‘meinKrypto’, paving the way for member institutions of the Cooperative Banking Group to offer crypto transactions to retail customers.
According to a statement from DZ Bank, the ‘meinKrypto’ service will be launched soon. Initially, the platform will support Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Cardano (ADA) transactions. This service will be provided by cooperative banks individually, and each bank will decide whether to implement the solution according to its own strategy.
‘meinKrypto’ was developed by DZ Bank and Atruvia, the IT service provider of the Cooperative Financial Group. Custody of crypto assets is provided by Boerse Stuttgart Digital and transactions are processed through EUWAX AG. The platform acts as a wallet integrated into the VR banking app and is intended solely for retail investors who make their own decisions. We do not provide personalized advice to our customers.
The statement also pointed out that cooperative banks will need to submit a separate MiCAR notification to BaFin in order to use meinKrypto. After obtaining the necessary approvals, customers will be able to invest in crypto assets through a completely digital process.
DZ Bank noted that the MiCAR regulation, which creates a common legal framework for crypto assets across the European Union, will bring clear rules for financial institutions and market participants. According to a study published by Genoverband in September 2025, more than a third of German cooperative banks plan to implement this crypto solution in the coming months.
*This is not investment advice.
