Select what genuinely interests you. Your picks feed directly into our editorial planning. Anyone in Germany buying crypto assets through an exchange with an EU licence remains in BaFin's hands in Bonn and Frankfurt, even after the agreement of October 9, 2026. EU finance ministers have agreed to place only the largest crypto service providers under the direct supervision of the European Securities and Markets Authority, ESMA. On estimates from the Council, that covers 10 to 15 of roughly 360 authorised firms. All the others keep the supervisor that granted their licence.