January 29, 2025
Bitpanda Secures MiCA License From German Regulator thumbnail
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Bitpanda Secures MiCA License From German Regulator

The company joins Boerse Stuttgart Digital, which was awarded the first license by the German regulator.”, — write: www.coindesk.com

The company joins Boerse Stuttgart Digital, which was awarded the first license by the German regulator. Updated Jan 27, 2025, 10:34 a.m. UTCPublished Jan 27, 2025, 9:47 a.m. UTC

Crypto exchange Bitpanda said it secured a markets in crypto assets license (MiCA) from the German Federal Financial Supervisory Authority (BaFin).

The crypto asset service provider license will enable the exchange to operate across the European Union’s 27 nations. The Austria-based company had 6 million users in December and will use the license to accelerate its growth, it said.

“This milestone enables us to bring easy and safe investing to over 450 million people, unlocking unparalleled growth potential in a market we’re ready to fully conquer,” Eric Demuth, CEO and co-founder, said in the statement.

The company joins Boerse Stuttgart Digital, which was awarded the first license by the German regulator. MoonPay, BitStaete, ZBD and prime brokerage and clearing company Hidden Road, have also received MiCA licenses.

UPDATE (Jan. 27, 10:33 UTC): Adds description below headline.

Camomile ShumbaCamomile Shumba is a CoinDesk regulatory reporter based in the UK. Previously, Shumba interned at Business Insider and Bloomberg. Camomile has featured in Harpers Bazaar, Red, the BBC, Black Ballad, Journalism.co.uk, Cryptopolitan.com and South West Londoner. Shumba studied politics, philosophy and economics as a combined degree at the University of East Anglia before doing a postgraduate degree in multimedia journalism. While she did her undergraduate degree she had an award-winning radio show on making a difference. She does not currently hold value in any digital currencies or projects.

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Camomile Shumba

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