Knowledge Hub

Short answers to the questions people in finance type into a search engine: what MiCA regulates, how clearing works, why a stablecoin holds its value. Every answer names its sources and the rules in Germany, Austria and Switzerland.

Many of the supervisors these answers name are based in the financial center of Frankfurt: the ECB, the Bundesbank, EIOPA, AMLA and one of the two BaFin offices. Crypto regulation in Germany follows MiCA, with BaFin as the supervisor.