The license allows Bitpanda to offer its platform to the EAU investors, providing access to approximately 500 virtual assets, stated that it is the most extensive offer available.
“Bitpanda is based on the principle that virtual assets must be safe and accessible. With our vara license, we are contributing that vision to the EAU, ensuring that investors and financial institutions have access to a fully compatible digital. We are ready to grow in a region that embrace innovation and regulation,” said Lukas Enzersdorfer-Konrad, Deputy CEO in Bitpanda Group.
Bitpanda obtains a Distributor of Vara runners, marks the expansion in the Eau digital asset market
The company has established a permanent office in the DMCC Crypto Center and has gathered a team of regional experts to develop specific market products. The incorporation of investors will begin in the coming months.
“The UAE is One of the Most forward-Thinking Markets for Digital Assets, and Vara Sets A New Standard for Innovation and Investor Protection. This License Allows US to Bring Our Trusted, Regulated Platform to a New Audience. Experiment and Ia Test To-Tame and Ibure is Experientce and Ia Testing to the Tertification and Ibte-Toy Eage and itive-tame in the The space of digital assets and our commitment to the highest regulatory standards, ”added Fabian Reinisch, general advisor of Bitpanda Group.
Bitpanda provides a decade of regulatory experience to the EAU market, which has multiple links in Europe, which includes:
- Micar Licculars of the German regulator BAFIN
- Registration with the United Kingdom FCA
- Electronic Money License PSD2
- MIFID II license
- Vasp records in multiple markets
The company’s first regulatory approach has established it as a reliable platform for safe and compatible virtual asset investments.
As part of its international expansion strategy, Bitpanda is still focused on offering a regulated, safe and perfect investment experience for individual and institutional investors in the EAU.
