Austrian crypto exchange platform Bitpanda has acquired a proprietary trading license for crypto assets from the German Federal Financial Supervisory Authority (BAFIN), according to which the crypto exchange has become a European retail investment platform to meet BaFin’s strict regulatory requirements. According to Bitpanda, the license equips a platform for German residents to expand their cryptocurrency legacy and asset trading services, and CEO Eric Demuth commented on his company, saying that obtaining the license in Germany was a great opportunity for our team. What we got to today is the result of many efforts and hard work and it reinforces our position as the leading exchange in Europe and shows that we are doing so well in this area and that our clients can invest Provides a secure way of
According to Demuth, Bitpanda will have more exciting announcements before the end of the year. Founded in 2014 by Demuth, Paul Klanschek and Christian Trummer, Bitpanda is already registered globally with Australia’s Financial Markets Authority (FMA) and France’s Autorité Des Marchés Financiers (AMF).
Bitpanda designated as Assets Service Provider in Czech Republic and holds PSD2 payment provider license .
The license that the crypto exchange form has obtained is a trading license on the basis of which it has got the freedom to fulfill the regulatory requirements and on the basis of them, it has got the freedom to do its work and now it can provide new payment systems and assets. , can implement multiple digital payment systems, make all kinds of financial announcements, even improve and influence its position throughout Europe. The company aims to establish an impact in the crypto currency asset full market and reach its pinnacle by breaking its limits and free from all shackles under one goal where the company aims to provide Assets and Payment System and Tax System. The CEO of the company is proud to announce that the company is effectively achieving all its goals.
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