- Bitpanda flexes its 🇪🇺 muscles with the MiCAR license.
Trust and growth? Check and mate! 🌱🛡️
Bitpanda’s got the MiCAR license from Germany’s Federal Financial Supervisory Authority. That’s right, folks! A unified framework now lets Bitpanda spread its crypto wings across all 27 EU states. 🦅
A game-changer in the European crypto scene, addressing those pesky national regulations. The MiCAR framework gives clear guidelines, standardizes rules, and bans reverse solicitation – meaning non-EU firms gotta get an EU license to play ball. 🏀
Bitpanda’s leadership is feeling the love. Deputy CEO Lukas Enzersdorfer-Konrad calls it a landmark moment, aligning with their compliance goals. CEO Eric Demuth boasts about expanding easy, safe investments to 450 million peeps, unlocking growth potential in a market ripe for the taking. 🎯
Goodbye country-specific approvals, hello strong investor protection. Higher obligations for crypto firms mean bye-bye malpractice, fostering trust in the industry. 🤝🚫
The MiCAR license arrives after Bitpanda’s user base skyrockets from 1 million in 2019 to 6 million by 2024. Founded in 2014, Bitpanda’s growth has been off the charts, offering diverse investment options from cryptocurrencies to stocks and commodities. 📈💰
With the MiCAR license, Bitpanda’s gearing up to scale services for retail and institutional users across Europe. Expect aggressive expansion, new offerings, and tapping into fresh markets under a harmonized regulatory umbrella. Bitpanda’s cemented its spot as a top player in Europe’s booming crypto scene. 🏆🔥
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2025-01-28 15:18