Austrian Crypto Exchange Bitpanda Secures Trading License From Germany’s BaFin

Austrian Crypto Exchange Bitpanda Secures Trading License From Germany’s BaFin


Crypto exchange and custody platform Bitpanda announced on Nov. 22 that it had received a crypto trading license from Germany’s Federal Financial Supervisory Authority. According to Bitpanda, securing a license means it has become the “first European retail investment platform to meet BAFIN’s strict regulatory requirements.”

New License Strengthens Bitpanda’s Position

Austrian crypto exchange platform Bitpanda has secured “a crypto custody and proprietary trading licence for crypto assets from the German Federal Financial Supervisory Authority (BAFIN).” According to Bitpanda, securing the license means the crypto exchange has become the “first European retail investment platform to meet BAFIN’s strict regulatory requirements.”

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In a statement, Bitpanda said the license allows it to extend its crypto custody and crypto assets trading services to German residents. Commenting on his

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