BaFin Denies MiCAR License to Bitcoin Group SE's Futurum Bank
Key Facts
Germany's financial regulator BaFin denied a MiCAR license to futurum bank, a subsidiary of Bitcoin Group SE. Crypto Briefing reported that the official decision, issued on October 6, 2026, prevents the entity from operating under the new EU-wide crypto framework.
The denial leaves the trading platform bitcoin.de in regulatory limbo, exacerbating strategic challenges and financial pressure on the group. This move comes as the company faces financial instability, failing to meet the rigorous compliance and capital requirements set by the new MiCAR standards.
Latest Updates · 1
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Update: Reports revealed that trading operations on the Bitcoin.de platform have been suspended since June 12, 2026. The company is currently planning to adopt a partner model to restart its activities, though it has not yet named specific partners or a launch date.