Germany Crushes EU Crypto Race – Find Out How They Did It! 🚀

by

Germany is basically your crypto ex who shows up at the party already wearing a crown. With 36% of all MiCA licenses, they’re basically the prom king of European crypto regulation. 🎉

BaFin’s recent approval of a full MiCA license for Trade Republic just solidified Germany’s throne. Because why not be the boss of crypto in Europe? 😎

Trade Republic Scores Big, Germany Keeps Its Crypto Crown

This shiny license lets Trade Republic do pretty much everything short of moonwalking—crypto custody, transfers, and talking sweet nothings to clients across the 30 EEA countries. Talk about multi-tasking! 💼

With over €100 billion in assets and four million customers (including 2.5 million stubborn Germans), Trade Republic is basically the Dave Grohl of European fintech—loud, proud, and winning. 🎸

Circle’s Patrick Hansen said it best: “Trade Republic can now run almost its entire crypto show in-house… except for that little thing called trade execution, which still needs external partners like Bankhaus Scheich and B2C2. Because even Germany knows you can’t do everything alone.”

“Trade Republic can now operate almost its entire crypto offering in-house across all 30 EEA states—only relying on external market makers (or trading platforms) like Bankhaus Scheich and B2C2 for trade execution,” Hansen said.

MiCA’s goal is to make crypto regulation as smooth as butter across the EU—one license to rule them all! No more jumping through hoops in every country. Now, all your crypto dreams can happen in one big, shiny EU-approved playground. 🛝

But, let’s be honest, the actual adoption has been about as fast as a snail on vacation. In the first 100 days, only 15 firms jumped on the MiCA train. As of May 17, that’s grown to just 25, mostly in Germany. Because, clearly, Germans love a good license. 🇩🇪

“German regulator BaFin has granted an impressive 9 of the first 25 MiCA CASP licenses across the EU…36% of all EU CASP licenses were granted in Germany as of today,” Hansen proudly boasted.

Hansen says if you want to play in the EU sandbox, a MiCA license isn’t just a good idea—it’s the *only* idea. So, everybody from neobanks to big banks is racing to get one before they’re left in the digital dust. 🏁

“The race is on: neobanks, brokers, other fintechs and even traditional banks are all moving quickly to secure their MiCA licenses before transition periods end,” Hansen said.

Read More

2025-05-18 12:56