Crypto06 October, 20262 min read
BaFin Rejects Bitcoin Group SE’s MiCA Application, Keeping Bitcoin.de Trading Halted
This article is an automated aggregation of coverage from news outlets. Our editorials offer in-depth analysis curated by the NewsCord team.
BaFin rejects futurum bank AG’s MiCA authorization, halting Bitcoin.de trading. Trading halted since June pending MiCA decision, platform remains largely paralyzed.
5 outlets told this the same way.
BaFin Rejects MiCA
Bitcoin.de trading remains halted after Germany’s financial regulator BaFin rejected Bitcoin Group SE’s MiCA authorization request for its subsidiary futurum bank AG. Bitcoin Group SE said it was reviewing the BaFin decision and could lodge an objection or submit a new application in the future. Bitcoin Group SE also said it was working on ways to resume trading through regulated partners “as quickly as possible.”
Moritz Eckert, CEO of Bitcoin Group SE, said, “Our priority now is to implement the alternative operating model and to keep our customers transparently informed about the next steps,” as the platform stayed suspended since June. Bitcoin.de is operated by futurum bank AG, a subsidiary of Bitcoin Group SE, and the company said it has over 1.1 million registered users.
Alternative Operating Model
Bitcoin Group SE said it had prepared for the possibility of a refusal and was now shifting toward an alternative operating model after BaFin’s rejection. Bitcoin Group SE said it was seeking an alternative operating model for its bitcoin.de platform after BaFin refused futurum bank AG’s application under MiCA. The company said it had the opportunity to lodge an objection or submit a new application in the future, while it pursued regulated partners to restart services.
Bitcoin.de had already halted trading and moved customer holdings to new custody infrastructure ahead of a planned brokerage rollout. Bitcoin.de’s planned brokerage rollout included offerings such as more than 100 cryptocurrencies, crypto swaps and staking, with the launch expected in late June but postponed while futurum bank awaited MiCA authorization.
What Users Face Next
Bitcoin.de’s prolonged suspension left users unable to trade normally while Bitcoin Group SE searched for alternatives to resume service under MiCA. Bitcoin.de’s case illustrated, in the reporting, the difficulties European platforms face in adapting to MiCA, which requires crypto service providers to obtain a specific authorization to operate legally. Bitcoin.de’s operator had been waiting to receive MiCA authorization to resume activity with full legal guarantees, and BaFin’s rejection was described as a significant blow to the company.
Bitcoin Group SE’s approach centered on partnering with regulated entities that already hold the necessary authorizations, but the sources said no timeline or partner details had been disclosed. Pluang’s market snapshot for Oct 07, 2026 09:21 WIB showed, out of 50 major cryptocurrencies, 5 rose and 44 fell, as the bitcoin.de situation remained unresolved.