Key Takeaways:
- Bitpanda has secured a MiCA license from Germany’s BaFin, enabling crypto services across all 27 EU member states.
- The license positions Bitpanda to expand its reach to over 450 million people in the EU, aligning with its growth strategy.
- Bitpanda joins Boerse Stuttgart Digital as an early recipient of the BaFin-approved MiCA license, alongside firms like MoonPay and Hidden Road.
Austrian crypto exchange Bitpanda has secured a Markets in Crypto-Assets (MiCA) license from Germany’s Federal Financial Supervisory Authority (BaFin).
This license allows Bitpanda to provide crypto services across all 27 European Union member states, marking a significant step in its expansion.
Big news: Bitpanda has secured its MiCAR licence, granted by Germany's BaFin – one of Europe’s top financial supervisory authorities. 🚀
— Bitpanda (@Bitpanda_global) January 27, 2025
This sets a new benchmark for transparency, security, and trust in crypto across the EU. With this licence, we’re ready to bring regulated… pic.twitter.com/i1PlxhwK6U
With over 6 million users as of December, Bitpanda aims to capitalize on this milestone to accelerate growth and offer secure investing opportunities to Europe’s 450 million residents.
CEO Eric Demuth highlighted the license’s importance in unlocking the platform’s potential in the EU market.
Bitpanda joins Boerse Stuttgart Digital as one of the first recipients of the MiCA license, alongside firms like MoonPay and Hidden Road.