71 German Cooperative Banks Now on the EU Crypto Register

Seventy-one German cooperative banks now appear on the European Securities and Markets Authority's register of crypto-asset service providers, by HaiPay's count of the register as updated on 5 November. All 71 entered by the same route, a notification to BaFin under Article 60 of the EU's Markets in Crypto-Assets Regulation (MiCA), and every one of them is listed for a single service: executing crypto-asset orders for clients.

Sixty of the 71 carry a register date from July 2026 onwards, and 15 were added between HaiPay's download of 19 October and 6 November. The banks are the local Volksbanken, Raiffeisenbanken and Sparda-Banken that make up Germany's cooperative banking group, which the group's association, the BVR, counted at 646 at the end of 2025. The 71 on the register are 11.0% of that total.

One platform, one notification per bank

The filings follow a product launched by the group's central bank. DZ BANK said on 12 January 2026 that BaFin had authorised it at the end of December 2025 to operate meinKrypto, a crypto trading service built with the group's IT provider Atruvia for the cooperative banks' retail customers. The service sits inside the VR Banking app as a wallet, is aimed at self-directed customers rather than advised ones, and started with Bitcoin, Ethereum, Litecoin and Cardano. Boerse Stuttgart Digital holds the assets and EUWAX AG executes the trades.

Each cooperative bank decides for itself whether to offer the service, and DZ BANK said each one must file its own MiCA notification with BaFin before doing so. That is what the register is recording. Under Article 60 of MiCA, a credit institution may provide crypto-asset services if it notifies its home regulator at least 40 working days before starting, instead of applying for the full authorisation that non-bank providers need under Article 63. DZ BANK cited a September 2025 survey by the Genoverband in which more than a third of the banks said they planned to introduce the service in the following months. Its half-year results on 25 August 2026 referred to the rollout as ongoing.

The earliest cooperative bank on the register, Volksbank Mittlerer Schwarzwald, has a date of 5 November 2025, before DZ BANK's own authorisation was announced. Eight banks have dates in November and December 2025, none from January to April 2026, and the monthly count then rises from one in May to 17 in August. The November 2026 figure of nine includes five banks whose register dates fall between 12 and 25 November, after this article's cut-off, which fits a notice period that runs ahead of the start of service.

Nearly half of the EU's notification route is German cooperative banks

The notification route is mostly a German story. Of the 153 register entries whose legal basis is an Article 60 notification, 117 are German, and 71 of those are cooperative banks, 46% of the EU total. The next largest home state for notifications is France with nine. Another 129 entries are full authorisations under Article 63, and 115 entries, including all of those from Cyprus, Luxembourg, Ireland and Latvia, give no legal basis at all.

The other German names on the notification list include DekaBank, the securities house of the savings banks, Commerzbank, Deutsche Bank, N26, Trade Republic and EUWAX AG. No savings bank (Sparkasse) appears on the register under its own name as of 5 November.

What this does not show

ESMA calls the register interim and says the data is supplied by national authorities; entries can lag or be corrected. The register does not say whether a bank has switched the service on for customers, only that the notification is recorded. HaiPay identified cooperative banks from their legal names, so a cooperative bank trading under a name without eG, Volksbank or Raiffeisenbank would be missed; a check of the 51 other German entries found none. The date field is not defined in the file, and HaiPay has read it as the date recorded against the notification. HaiPay did not contact ESMA, BaFin, DZ BANK or any bank.

What to watch

Whether the monthly count keeps rising towards the more than a third of banks that DZ BANK said planned to launch, which would be more than 215 of the 646.

Whether the register starts to show which banks have switched the service on, or whether that only becomes visible in DZ BANK's reporting.

And whether savings banks begin to appear under their own names once DekaBank's offering reaches them.