Austrian fintech unicorn Bitpanda has secured its third license under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework, further expanding its regulatory footprint across the bloc.
Bitpanda on April 10 announced receiving a new MiCA license from Austria’s Financial Market Authority (FMA), its third after approvals from regulators in Germany and Malta.
Its latest approval marks “another step toward building the most regulated crypto platform in Europe,” the exchange said in an announcement on X.
Source: Bitpanda
MiCA, which took full effect on Dec. 30, 2024, is designed to provide a harmonized legal framework for crypto asset service providers (CASPs) across the EU. Despite this goal, Bitpanda’s pursuit of multiple licenses raises questions about how consistently MiCA is being interpreted and enforced across the bloc.
Bitpanda’s MiCA collection story
Vienna-headquartered Bitpanda was one of the first crypto asset service providers (CASP) to receive a