Share this article
Boerse Stuttgart Digital Lands MiCA License From Germany
The license will enable it to provide services across the European Union.
Jan 17, 2025, 12:49 p.m.
What to know:
- Boerse Stuttgart Digital was awarded a MiCA crypto asset service provider license by the German regulator BaFin.
- It plans to broaden its offerings for financial institutions across Europe.
- The exchange joins MoonPay, BitStaete, ZBD and Hidden Road, who received MiCA licenses from the Dutch Authority for the Financial Markets in December.
Boerse Stuttgart Digital, a unit of stock exchange operator Boerse Stuttgart, said it was granted a crypto asset service provider (CASP) license by the German regulator BaFin allowing it to provide services across the European Union under the bloc's Markets in Crypto Assets (MiCA) regulations.
The company operates a brokerage and an exchange and intends to use the license to broaden its offerings for financial institutions across Europe, Matthias Voelkel, CEO of Boerse Stuttgart Group said in an emailed statement.
STORY CONTINUES BELOW
Companies have been vying for MiCA licenses, which give crypto asset service providers permission to operate across the 27-nation bloc. The requirement came into force on Dec. 30, before which CASPs had to acquire licenses in each nation separately.
“The issuance of the MiCAR license, just a few weeks after the adoption of the required national legislation, also enhances Germany's overall competitiveness in the European crypto market,” Oliver Vins, Boerse Stuttgart Digital's chief finance and regulatory officer, said in the email.
Germany passed the legislation needed to implement MiCA days before the year-end deadline despite political turmoil that resulted in an early election being called for Feb. 23.
Boerse Stuttgart Digital joins MoonPay, BitStaete, ZBD and prime brokerage and clearing company Hidden Road, who received the license from the Dutch Authority for the Financial Markets (AFM) in December.
Read more: EU Countries Struggle to Implement MiCA as Deadline for Crypto Regulatory Revamp Looms
.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
A few Republicans have crypto's destiny in their hands at the SEC, CFTC
After holiday leadership shifts, the two U.S. markets regulators — the SEC and CFTC — are now run only by pro-crypto Republicans, with Congress still debating.
What to know:
- The crypto industry finally has two permanent, crypto-friendly chairmen at the Securities and Exchange Commission and the Commodity Futures Trading Commission, and they have no Democratic pushback.
- The lack of fully stocked commissions at the market regulators is a big problem in the eyes of Senate Democrats negotiating the crypto market structure bill.
- The lone remaining Democrat, Caroline Crenshaw, left the SEC last week.
Top Stories
