Bitpanda, Europe’s leading digital assets platform, has received its MiCAR licence from the FMA.
This makes Bitpanda the first company in Austria to be fully approved under the EU’s new crypto regulation and the first to receive 3 MiCAR licences in Germany, Malta and Austria. Even before MiCAR, Bitpanda held more licences than any other crypto platform in Europe. Now, with the new regulations in force, the company is further strengthening its position as the most regulated player in the industry.
Today’s announcement underscores the regulatory strength of Europe’s leading crypto broker and confirms Bitpanda’s ability to meet the diverse requirements of European financial authorities. This further strengthens Bitpanda’s position as the most comprehensively regulated provider in Europe and means that Bitpanda operates under the strictest regulatory standards. Investors can feel confident using a platform that is reviewed, tested, and approved by regulators from across the EU and already trusted by over 6.5 million users. For users, it means more protection. For the industry, it means higher standards.
Eric Demuth, CEO and Co-Founder of Bitpanda, said: “Even before MiCA, we were one of the most regulated crypto platforms in Europe, holding over ten different licences. Today, we continue on this path and have been successfully reviewed by three separate regulators across three countries. This underlines our clear and ongoing commitment to providing a secure and compliant environment for our customers and partners.”
With more than 3,200 digital assets available including more than 600 cryptocurrencies and thousands of stocks, ETFs, and precious metals, Bitpanda is one of the most comprehensive digital investing platforms in Europe.
Lukas Enzersdorfer-Konrad, Deputy CEO at Bitpanda, added: “With licences in Austria, Germany and Malta, Bitpanda is ready to scale across the continent with a setup no one else has. MiCAR sets a clear standard for crypto regulation globally and we will use this framework to offer secure access to crypto for millions across the EU.”