Bitpanda regulatory expansion is accelerating as the Austrian fintech unicorn secures another MiCA license in the EU.
The crypto exchange announced its third license approval on April 10, this time from Austria’s Financial Market Authority (FMA). This comes after Bitpanda previously received licenses from Germany’s BaFin and Malta’s MFSA. These approvals mark the firm’s continued growth under the European Union’s new Markets in Crypto-Assets Regulation (MiCA) framework.
MiCA aims to harmonize crypto regulation across the EU, providing consistent legal standards for crypto asset service providers. It officially took effect on December 30, 2024. Bitpanda’s rapid licensing spree suggests it’s determined to dominate the space by meeting—or exceeding—every regulatory standard set by member states.
Bitpanda sets the pace in EU crypto oversight
With three MiCA licenses already in hand, Bitpanda is positioning itself as Europe’s most compliant cryptoClick here for more Details platform. The firm’s pursuit of multiple licenses shows a serious commitment to legal clarity, user protection, and long-term stability.
Interestingly, Bitpanda’s approach raises eyebrows. MiCA was designed to unify crypto rules across all EU countries. So why would a firm need more than one license? This hints that member states may be interpreting MiCA differently. While the law is uniform in theory, its rollout might not be as consistent in practice.
Bitpanda hasn’t publicly answered why it seeks multiple approvals. However, records show it now holds licenses for four different entities in Austria and Germany, including Bitpanda GmbH and Bitpanda Asset Management GmbH.
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Bitpanda regulatory expansion could reshape crypto in Europe
The aggressive move for multi-jurisdictional compliance sends a powerful message. Bitpanda wants users and investors to know it plays by the rules—and plans to lead others in doing so. As more platforms look to grow in Europe, Bitpanda’s path could become a blueprint.
The strategy also shows Bitpanda preparing for future competition. EU regulators are expected to tighten enforcement, and only the most compliant platforms will survive. By getting ahead now, Bitpanda ensures it remains a top choice for traders and investors in the crypto space.
It’s clear: Bitpanda’s regulatory expansion isn’t just about licenses. It’s about leadership in our industry.
About Bitpanda
Bitpanda was founded in 2014 by Christian Trummer, Eric Demuth, and Paul Klanschek with the initial thought to be available only for trading cryptocurrencies. After 3 years, in 2017, almost 20 employees realized a net profit of USD 12.49 million via vouchers, like coupons for Bitcoin, which after purchase could have been redeemed on the Bitpanda platform. Now, the company has its headquarters in Vienna, Austria. The company has multiple services, where the most important are as a cryptocurrency broker, securities trading, and ETFs. All these are available on their website but also in the mobile app. Bitpanda is currently a USD 4 billion company and was the first Austrian unicorn start-up.