The Bitpanda context becomes the first company to obtain the LAWS License in Austria, after having already been approved in Germany and in Malta. In a context of strengthening crypto regulation in Europe, several platforms accelerate their compliance to remain active on the market. Bitpanda is strengthening its regulatory compliance in Europe Bitpanda has announced that it has obtained the Micar license from the Financial Markets Authority (FMA) in Austria, thus becoming the first company to be approved in the country under this new European regulatory framework. Already holder of similar licenses in Germany and in Malta, the platform based in Vienna takes one step ahead in the compliance with Micar. For Bitpanda, this third validation strengthens its credibility with regulators and users. The company recalls that it already had, before Micar, of more than ten licenses in Europe, which made it one of the most regulated local players in the sector. This new step allows the platform to offer its crypto services throughout the European Union under a unique and harmonized framework. According to its co -founder Eric Demuth, this recognition reflects a clear commitment: “offer a secure environment and in accordance with our customers and partners”. Bitpanda today claims one of the most complete digital asset catalogs on the European market, with more than 600 cryptos, actions, ETFs and precious metals. By now complying with the requirements of Micar, Bitpanda aims for expanded adoption and strategic positioning in the face of competition. The objective is also to reassure investors, at a time when European regulations are taking a central place in the evolution of the crypto sector. Micar redistributes cards to Bitpanda Exchanges is not alone in accelerating its compliance. Other platforms multiply the announcements to align with Micar, which has become an obligatory passage to operate legally in Europe. OKX recently obtained a LAED License after winning the PSAN approval in 2023. The Exchange now plans to intensify its presence in France with a localized interface, a French -speaking customer service and the integration of suitable payment systems. This development aims to facilitate access to cryptocurrencies in a secure framework, while respecting the standards in force in each Member State. For its part, Binance is preparing to delude several non -compliant stablecoins, including the USDT, following the ESMA and the European Commission guidelines. At the same time, Bitget announces the opening of a hub in Lithuania to comply with Micar, while Bybit, recently withdrawn from the AMF black list, is positioned for regulated reinstatement on the French market. Together, these initiatives reflect the growing impact of Third in the entire crypto sector in Europe. Morality of history: Who wants to reign in Europe must first show white leg to Micar Notice of non-responsibility Notice of non-responsibility: in accordance with the guidelines of The Trust Project, Beincrypto undertakes to provide impartial and transparent information. This article aims to provide exact and relevant information. However, we invite readers to verify the facts of their own and consult a professional before making a decision on the basis of this content.
