Bitpanda’s crypto offering in the United Kingdom won’t differ from that in the European Union, deputy CEO Lukas Enzersdorfer-Konrad said.
Latest Bitpanda News
Bitpanda is a cryptocurrency exchange founded in 2014 by Eric Demuth, Paul Klanschek and Christian Trummer, which operates in around 40 countries worldwide.
Bitpanda initially offered investment and trading services for cryptocurrencies like Bitcoin (BTC) and Ether (ETH) but has since expanded to other investment alternatives such as stocks and ETFs. The exchange also offers trading in commodities such as silver and gold.
Stay informed with Cointelegraph’s latest news on Bitpanda.
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OKX and Crypto.com secure full MiCA licenses, enabling regulated crypto services across the EU.
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Bitpanda CEO Eric Demuth highlighted the importance of consistent and robust MiCA enforcement to ensure the framework’s efficiency.
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Bitpanda has secured in-principle approval from Dubai’s VARA, paving the way for its entry into UAE’s growing crypto market and advancing its global expansion strategy.
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The partnership comes shortly ahead of the implementation of the MiCA regulatory framework for crypto service providers.
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Standard Chartered’s venture capital arm gets a toehold in Europe with its investment in the EU’s only MiFID II-compliant crypto platform.
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Tether’s robust performance in 2023 shows rising demand for stablecoins and closer ties between crypto firms and the traditional financial system.
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Bitpanda Wealth uses Bitpanda’s proprietary custody solution, which applies cold storage to keep investors’ assets safe.
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Raiffeisen Bank’s RLB NÖ-Wien is preparing to introduce cryptocurrency trading services to its retail clients in early 2024.
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Bitpanda already holds a license in Austria, Germany, France, Czechia and Sweden.
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As part of the collaboration, Bitpanda will incorporate Coinbase Exchange into its roster of authorized liquidity providers.
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All RLB NÖ-Wien clients will be able to invest in a broad number of cryptocurrencies with a budget of as little as one euro.
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“We need to stop telling people to trust us and give them an actual reason to,” said Eric Demuth, CEO of Bitpanda.
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The other licensees included three European institutional investment platforms and one U.S.-based retail platform.
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Binance, Ripple and Kraken are hiring, while Coinbase, Gemini, and Crypto.com have announced staff cuts.
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