BaFin rejects futurum bank's MiCA license, forcing Bitcoin.de to restructure
- —BaFin denied futurum bank AG's MiCA license, parent Bitcoin Group SE said
- —Without the license, the platform cannot provide custody or brokerage services on its own in the EU
- —Bitcoin.de plans to rely on licensed partners, but no deals have been closed
- —No date has been set for resuming normal operations
Why it matters: The case will show whether partnering with licensed firms is a viable route for platforms denied MiCA approval, or whether the EU market consolidates around a few license holders.
Source: CriptoTendencias