As part of the collaboration, Bitpanda will incorporate Coinbase Exchange into its roster of authorized liquidity providers.
Bitpanda News
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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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Witnessing the crypto crashes over the past several weeks from a front-row seat, Bitpanda made the “tough decision” of cutting down its employee headcount to roughly 730 people.
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Previously, the Austrian company has obtained licenses in France, Italy, Sweden and Czech Republic.
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Despite Turkish government regulations having hamstrung Bitci’s soccer sponsorship deals, footballing crypto companies already have home-field advantage.
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Bitpanda said the Trustology acquisition would be the first step toward launching its prime brokerage service Bitpanda Pro.
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Investors are treating crypto in the same way as stocks and ETFs, the new Bitpanda Pro CEO told Cointelegraph.
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The funding round was led by Valar Ventures and partners from DST Global.
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The Iota Foundation is teaming up with one of Austria’s most prestigious universities to foster research in distributed ledger technologies.
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BitPanda CEO Eric Demuth explains why regulations are necessary to avoid a “Wild West” for crypto, and names first stop outside of the EU.
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