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Austrian crypto unicorn Bitpanda receives MiCA license in Germany

Austrian crypto unicorn Bitpanda receives MiCA license in Germany

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Source: Coin Telegraph

Bitpanda CEO Eric Demuth highlighted the importance of consistent and robust MiCA enforcement to ensure the framework’s efficiency.

Austrian fintech unicorn Bitpanda has become the latest cryptocurrency firm to secure a license under the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework.

Bitpanda has secured a MiCA license from Germany’s Federal Financial Supervisory Authority (BaFin), the firm said in an announcement shared with Cointelegraph on Jan. 27.

The license, effective immediately, allows the platform to operate across all 27 EU member states under a unified regulatory regime.

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Author: Helen Partz