Connect with us

Fintech

Bitpanda Receives MiCAR License from the FMA, Paving the Way for EU-Wide Crypto Expansion

Bitpanda has become the first Austrian company to receive a full MiCAR license, reinforcing its status as Europe’s most regulated crypto platform. With approvals in Austria, Germany, and Malta, Bitpanda can now offer unified crypto services across the EU. The platform serves 6.5 million users and emphasizes trust, security, and compliance in digital asset trading.

Published

on

Bitpanda

The Vienna-based investment platform Bitpanda has reached an important milestone: As the first company in Austria, Bitpanda has received a full MiCAR (Markets in Crypto-Assets Regulation) license from the Austrian Financial Market Authority (FMA) . This gives Bitpanda valid MiCAR approvals in Germany, Malta, and Austria – and solidifies its position as Europe’s most comprehensively regulated crypto platform.

Even before the MiCAR regulation came into force, Bitpanda had more regulatory approvals than any other crypto platform in Europe. With the new license, the company is now strengthening its role as an anchor of trust for investors and a model for regulatory compliance in the crypto sector.

The license allows Bitpanda to offer consistent crypto services across all EU member states

Eric Demuth, CEO and co-founder of Bitpanda , emphasizes the importance of the MiCAR license: “Even before MiCAR, we were one of the most heavily regulated crypto platforms in Europe. The approvals in three countries demonstrate how seriously we take our promise to create a secure, compliant environment for customers and partners.”

Lukas Enzersdorfer-Konrad , Deputy CEO, also emphasizes the importance of the license:
“MiCAR brings, for the first time, uniform regulation for crypto services across the EU. With our licenses, we are ideally positioned to scale across Europe and provide access to digital assets for millions of people.”

What sets Bitpanda apart

Bitpanda offers more than 3,200 digital assets , including over 600 cryptocurrencies , as well as stocks, ETFs, precious metals, and commodities. 6.5 million users already trust the platform – including banks and financial institutions.

The MiCAR licenses were awarded to the following Bitpanda companies:

Bitpanda Asset Management GmbH (BaFin, Germany)

Bitpanda GmbH (FMA, Austria)

BP CA 23 Ltd. (MFSA, Malta)

With this regulatory basis, Bitpanda is setting new standards in terms of security, transparency and scalability in the European crypto market.

__

(Featured image by ALEXANDRE LALLEMAND via Unsplash)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in BLOCK-BUILDERS.DE. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us

Valerie Harrison is a mom of two who likes reporting about the world of finance. She learned about the value of investing at a young age upon taking over her family's textile business when she was just a teenager. Valerie's passion for writing can be traced back to working with an editorial team at her corporate job, where she spent significant time working on market analysis and stock market predictions. Her portfolio includes real estate funds, government bonds, and equities in emerging markets such as cannabis, artificial intelligence, and cryptocurrencies.