Bitcoin.de Trading Remains Paused After BaFin Rejects MiCAR License

Is Bitcoin.de shutting down?

No. Trading and deposits are paused, but crypto withdrawals remain available and Bitcoin Group says customer claims remain fully intact.

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Why does the MiCAR rejection matter for Bitcoin Group?

The rejection prevents futurum bank from operating the rebuilt platform under its own MiCAR authorization, so Bitcoin.de must rely on regulated partners to restore trading. Bitcoin Group reported first-half 2026 revenue of €1.59 million and EBITDA of -€3.25 million and already expects lower full-year revenue and another negative EBITDA year.

What happens to Bitcoin.de's planned expansion to more than 100 cryptocurrencies?

The rebuilt platform was designed for more than 100 cryptocurrencies, savings plans, crypto swaps and staking, but the broader offering now depends on successfully implementing the new regulated operating model.

What could the decision mean for Bitcoin Group SE shareholders?

The rejection adds regulatory and execution risk because restarting Bitcoin.de trading is central to rebuilding activity and monetizing the expanded platform. The regulatory setback alone does not determine Bitcoin Group SE's share price.

Can futurum bank challenge BaFin's decision?

Yes. Futurum bank can lodge an objection within one month after formal notification and may also submit a new MiCAR application later.

When could Bitcoin.de trading resume?

Bitcoin Group is targeting a restart within the next few weeks using one regulated German partner for trading and another for custody, but it has not named the partners or announced a firm reopening date.