Austrian Crypto Exchange Bitpanda Secures German Crypto License

Bitpanda has obtained a crypto license in Germany from the German Federal Financial Supervisory Authority (BaFin).

Bitpanda Asset Management GmbH can now independently offer crypto custody, as well as proprietary trading for crypto assets for German residents.

Bitpanda, which became Austria’s first fintech unicorn last year, has received regulatory approval in a number of European countries including Austria, France, Italy, Spain, the U.K., Czech Republic and Sweden.

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