Boerse Stuttgart Digital has become the first German provider of crypto asset services to receive an EU-wide license under the Markets in Crypto Assets Regulation (MiCAR).
The issuance of the license to Boerse Stuttgart Digital Custody GmbH, its institutional crypto custody subsidiary, solidifies the company’s position as a leading regulated infrastructure provider for banks, brokers, and asset managers in Europe.
“Securing the MiCAR license marks a significant milestone for the Boerse Stuttgart Group. Building on this foundation, we will broaden Boerse Stuttgart Digital’s offerings with integrated solutions for financial institutions across Europe, accelerating the internationalization and structural growth of our digital business,” said Dr. Matthias Voelkel, CEO of Boerse Stuttgart Group.
“The licensing of Boerse Stuttgart Digital underscores our commitment to shaping transparent, secure, and regulated crypto markets. As a regulatory pioneer, we can now provide investors and institutional partners across Europe with simple and reliable access to cryptocurrencies. 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,” added Dr. Oliver Vins, Managing Director and Chief Finance & Regulatory Officer of Boerse Stuttgart Digital.
MiCAR is a crucial step toward harmonizing regulatory standards for cryptocurrency trading and custody within the EU. It establishes clear guidelines for the registration and supervision of providers, enhances investor protection, and fosters transparency. At the same time, MiCAR simplifies access to a unified European crypto market by replacing disparate national regulations with standardized rules.