BaFin

Samara Asset

2026-10-28 13:31:11

Samara Asset Group CEO says pure Bitcoin treasury model can hurt shareholders

Patrick Lowry, CEO of Samara Asset Group, said he dislikes the label "Bitcoin treasury company" and argued that the market is rejecting every pure treasury play except Strategy. In a Bitcoin Magazine program with Grace Remington and Sean Hagan, Lowry said the "digital gold" narrative was poor marketing because it turned Bitcoin into an investment product rather than money. He also linked that framing to Bitcoin's tendency to fall when the Federal Reserve signals rate hikes. Lowry described Samara's own approach as different from a passive treasury strategy: the firm uses Bitcoin as working capital, parks venture fund commitments in BTC, and sells when capital calls arrive regardless of price. The episode also covered the hurdle rate issue, MSCI's treatment of non-operating companies, a claimed loophole tied to the 1940 Act, possible backlash against altcoin treasury models involving Bitcoin, Ethereum and XRP, European regulation including BaFin and the first Bitcoin ETP, France's bond crisis, and the effect of rising sovereign yields on Bitcoin. Bitcoin Magazine said the views expressed were those of the participants and not official positions of BTC Inc. or affiliated entities.

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Deutsche Bank

2026-10-19 04:34:53

Deutsche Bank plans crypto custody launch in Germany within weeks, eyes Asia expansion in 2027

Deutsche Bank is preparing to roll out a crypto asset custody service in Germany within weeks, according to Odaily. The offering is designed for corporate and institutional clients and will allow them to hold and transfer Bitcoin, Ethereum, and stablecoins including USDC, EURC, and EURAU. The bank will handle wallet infrastructure, private keys, and related security technology as part of the service. The Germany launch still requires regulatory approval. BaFin granted the bank relevant authorization on Oct. 12 under the Markets in Crypto-Assets framework, or MiCA. Deutsche Bank also plans to expand the custody business into Asia in 2027, though it has not disclosed which market it intends to enter first. The update points to a phased rollout, with Germany set to come first and Asia remaining a later-stage target.

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Germany

2026-10-07 01:56:18

BaFin Rejects MiCA License Application for Bitcoin Group SE’s Bitcoin.de

Germany’s financial regulator BaFin has rejected the Markets in Crypto-Assets (MiCA) license application filed for Bitcoin.de, the cryptocurrency trading platform owned by Bitcoin Group SE. The platform’s trading services have been largely suspended since June while its operator waited for MiCA authorization. The company is now seeking to work with a regulated partner in an effort to restart the service. Separately, a MiCA license application submitted by futurum bank, another banking entity under Bitcoin Group SE, had also previously been rejected by BaFin. The development was cited by Techub, with Cointelegraph referenced in the report.

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Germany regul

2026-10-07 02:13:15

BaFin rejects MiCA CASP license application tied to Bitcoin.de operator

Germany’s Federal Financial Supervisory Authority, BaFin, has rejected a MiCA crypto-asset service provider, or CASP, license application submitted by futurum bank AG, a subsidiary of Bitcoin Group SE, according to Cointelegraph. The decision leaves crypto trading platform Bitcoin.de still under a trading halt. Bitcoin Group SE said it is reviewing the ruling and retains the right to file an objection or submit a new application later. The company also said it is exploring an alternative operating model and aims to restart trading services as soon as possible through regulated partners. Bitcoin.de, which originally operated as a peer-to-peer marketplace, has more than 1.1 million registered users. The platform had planned to upgrade by the end of June into a brokerage platform supporting more than 100 cryptocurrencies, as well as swap and staking services, but that rollout was delayed while it awaited MiCA authorization. Trading activity on the platform has been largely suspended since June 12.

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Bitcoin

2026-10-07 01:48:53

Bitcoin.de trading stays largely suspended after BaFin rejects MiCA application

Bitcoin Group SE said it is looking for an alternative operating model for bitcoin.de after Germany’s Federal Financial Supervisory Authority, or BaFin, rejected futurum bank AG’s application for authorization as a crypto-asset service provider under the Markets in Crypto-Assets Regulation, known as MiCA. The company described the decision as a setback but said it had prepared for that outcome and is now reviewing the ruling. It added that it may file an objection or submit a new application later. Trading on bitcoin.de has been largely suspended since June 12 while futurum bank awaited regulatory approval. The platform had been reworked this year from a peer-to-peer marketplace into a brokerage model, with plans to offer more than 100 cryptocurrencies, crypto swaps and staking. In an August update, the company said customer crypto holdings had already been moved to new custody infrastructure and the previous trading system had been shut down. Bitcoin Group SE now says it is working with regulated partners to restore trading services as quickly as possible while keeping customers informed about the next steps.

370

BaFin

2026-10-07 01:58:02

BaFin rejects MiCA application from Bitcoin.de operator as trading remains largely suspended

Bitcoin Group SE said Germany’s Federal Financial Supervisory Authority, BaFin, has rejected a MiCA crypto-asset service provider license application filed by its subsidiary futurum bank AG. The company said it is now reviewing alternative operating models and is seeking a regulated partner to restore trading on Bitcoin.de as quickly as possible. CEO Moritz Eckert said the group had prepared for a rejection and will review the decision, with options including filing an objection or submitting a new application later. Bitcoin.de, operated by futurum bank AG, has more than 1.1 million registered users in Germany. The platform was previously a peer-to-peer marketplace but shifted to a broker model this year, with plans to offer more than 100 cryptocurrencies, crypto swaps and staking services. The new model had been scheduled to launch at the end of June, but the rollout was delayed while awaiting MiCA approval. Trading on the platform has been largely suspended since June 12, according to Cointelegraph.

370

Bitcoin Group

2026-10-07 01:58:47

BaFin Rejects MiCA License Application From Bitcoin Group Subsidiary, Bitcoin.de Seeks Trading Restart

Bitcoin Group SE said Germany’s Federal Financial Supervisory Authority, BaFin, has rejected a crypto-asset service provider license application filed under the Markets in Crypto-Assets regulation, or MiCA, by its subsidiary futurum bank AG. The company said it is now reviewing alternative operating models and is looking to restore trading on Bitcoin.de as quickly as possible through regulated partners. Chief executive Moritz Eckert said the group had prepared for the possibility of a rejection and will now examine the decision, while keeping open the option to file an objection or submit a new application later. Bitcoin.de, operated by futurum bank AG, is a German crypto trading platform with more than 1.1 million registered users. The venue previously ran as a peer-to-peer marketplace and switched this year to a broker model, with plans to offer more than 100 cryptocurrencies, crypto-asset exchange services and staking. The new model had been scheduled to go live at the end of June, but was delayed while awaiting MiCA approval, and trading has been largely suspended since June 12.

330

Germany

2026-10-06 20:20:21

BaFin Rejects MiCAR License Application From Bitcoin Group SE Unit futurum bank

Germany’s financial regulator BaFin has rejected a Markets in Crypto-Assets Regulation, or MiCAR, license application filed by futurum bank, a subsidiary of Bitcoin Group SE. The development was reported by Techub, citing Crypto Briefing. According to the report, the decision has added to Bitcoin Group SE’s financial strain and pushed the company to pursue urgent strategic adjustments. The rejected application also casts uncertainty over the future of bitcoin.de, a platform under the group. The report added that the case could affect the competitive setup of Germany’s cryptocurrency market. No further details on the rejection or the company’s next steps were disclosed in the source material.

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