Bitpanda Secures MiCA License From German Regulator

4 months ago

Jan 27, 2025, 9:47 a.m. UTC

Crypto speech Bitpanda said it secured a markets successful crypto assets licence (MiCA) from the German Federal Financial Supervisory Authority (BaFin).

The crypto plus work supplier licence volition alteration the speech to run crossed the European Union's 27 nations. The Austria-based institution had 6 cardinal users successful December and volition usage the licence to accelerate its growth, it said.

"This milestone enables america to bring casual and harmless investing to implicit 450 cardinal people, unlocking unparalleled maturation imaginable successful a marketplace we're acceptable to afloat conquer," Eric Demuth, CEO and co-founder, said successful the statement.

The institution joins Boerse Stuttgart Digital, which was awarded the archetypal licence by the German regulator. MoonPay, BitStaete, ZBD and premier brokerage and clearing institution Hidden Road, person besides received MiCA licenses.

Camomile Shumba

Camomile Shumba is simply a CoinDesk regulatory newsman based successful the UK. Previously, Shumba interned astatine Business Insider and Bloomberg. Camomile has featured successful Harpers Bazaar, Red, the BBC, Black Ballad, Journalism.co.uk, Cryptopolitan.com and South West Londoner. Shumba studied politics, doctrine and economics arsenic a combined grade astatine the University of East Anglia earlier doing a postgraduate grade successful multimedia journalism. While she did her undergraduate grade she had an award-winning vigor amusement connected making a difference. She does not presently clasp worth successful immoderate integer currencies oregon projects.

Camomile Shumba

View source