Bitcoin.de trading remains halted as German regulator rejects MiCA application

Bitcoin.de trading remains halted as German regulator rejects MiCA application

Summary

BaFin rejected futurum bank AG’s application for MiCA authorization, preventing Bitcoin Group SE from launching its redesigned bitcoin.de brokerage. The company is reviewing the decision and may object or apply again, while seeking regulated partners to resume trading. Bitcoin.de has more than 1.1 million registered users, but trading has largely been suspended since June 12 after its old system was shut down and customer assets moved to new custody infrastructure.