🚀 “Desert Storms of Crypto: Bitpanda Conquers Dubai!”

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In the sweltering expanse of the Arabian Desert, a beacon of financial innovation has emerged, much like a mirage promising oasis to the weary traveler. Bitpanda, that stalwart of the digital asset realm, has secured the coveted Broker-Dealer licence from the Dubai Virtual Assets Regulatory Authority (VARA), marking its inaugural foray beyond the European horizon. 🌄

This hard-won approval unlocks the gates to a veritable treasure trove for UAE investors: over 500 virtual assets, crypto indices, and savings plans, all neatly packaged within Bitpanda’s digital platform. Because, what’s a desert without a few hidden riches, eh? 🏜️💸

Dubai, in its infinite wisdom, has donned the mantle of a leading digital asset hub, with VARA providing the regulatory clarity of a still desert night and the investor protection of a loyal caravan guard. 🌃

Bitpanda, ever the ambitious traveler, aims to set a new benchmark for secure and compliant virtual asset investing in the region. Ambition, indeed! For in the desert of finance, only the most resilient bloom. 🌺

A permanent office at the esteemed DMCC Crypto Centre has been established, accompanied by a regional team as diverse as the desert flora, tasked with the noble quest of tailoring offerings to the UAE market. Investor onboarding? Just a mirage on the horizon, coming into focus in the months ahead… 📆

And, lest we forget, January’s MiCA license from Germany’s financial regulator was the precursor to this grand adventure, unifying Bitpanda’s operations across all 27 EU member states under one harmonious framework. The crypto industry’s very own “European Union” of sorts! 🇪🇺

Security and Regulatory Experience: The Bitpanda Way 🛡️

Deputy CEO Lukas Enzersdorfer-Konrad, with the gravitas of a seasoned desert nomad, emphasized, “With our VARA licence, we ensure UAE investors and financial institutions can navigate the digital asset landscape with the comfort of a fully compliant platform.” Comfort in the desert? Now, that’s innovation! 😊

General Counsel Fabian Reinisch, with the keen eye of a desert hawk, highlighted VARA’s forward-thinking framework, noting the swift approval as a testament to Bitpanda’s decade-long regulatory prowess and unwavering commitment to the highest compliance standards. A decade, you say? That’s longer than a camel’s memory! 🐫

Bitpanda’s trophy case, adorned with multiple European regulatory approvals (MiCAR, UK FCA, PSD2 E-money, and MiFID II, to name a few), shines brighter than a desert sunset, solidifying its position among the industry’s most trusted platforms. Trust in the desert? Now, that’s a rare gem! 💎

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2025-03-28 16:39