Austrian fintech unicorn Bitpanda has obtained its third license under the EU's Markets in Crypto-Assets Regulation (MiCA) framework, enhancing its regulatory status across Europe. Announced on April 10, 2025, the new license from Austria's Financial Market Authority (FMA) follows prior approvals from regulators in Germany and Malta. Bitpanda aims to become the most regulated crypto platform in Europe. The MiCA regulations took full effect on December 30, 2024, targeting crypto asset service providers (CASPs). However, Bitpanda's strategy to acquire multiple licenses raises questions about the consistency of MiCA implementation across EU member states. It was among the first CASPs to secure a MiCA license, having received the initial approval from Germany's BaFin on January 23, and subsequently from Malta's MFSA. The FMA confirms that Bitpanda holds four different approvals in Austria and Germany for various entities, underscoring its commitment to regulatory compliance in a landscape that still presents disparities in enforcement across jurisdictions.

Source 🔗