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Bitpanda: Bitcoin exchange, receives license in Austria (FMA)

the Bitpanda has received a license to the payment service provider in Austria. As the Bitcoin stock exchange informs that it has received the license of the f

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Bitpanda: Bitcoin exchange, receives license in Austria (FMA)
the Bitpanda has received a license to the payment service provider in Austria. As the Bitcoin stock exchange informs that it has received the license of the financial market authority of Austria (FMA). Thus, the company has taken an important step to conquer the European market.

By Phillip Horch
5. April 2019BTC$4.996,83 1.44%part Facebook Twitter LinkedIn xing mail

Austria is open for crypto-currencies. So the Bitcoin exchange Bitpanda has now received a license from the Austrian Finanzmarktauzfsicht (FMA). As the company explained in a blog post on Medium, this is a milestone in the conquest of the European market.

As for the crypto-trading space Bitpanda more telling, is the current license in accordance with the Payment Services Directive 2 of the European Union. This is regulated, ultimately, payment Leister within the EU and ensures that the respective service providers are in line with the rules and regulations of the verb ündnisses.

With the current approval Bitpanda comes to your aim to conquer the European market, so an essential piece. Accordingly, euphoric Eric Demuth. The CEO of the company shall:

We are very pleased that Bitpanda currency is one of the few European Crypto-Fintechs is to get such a license. It is a big step for our Vision to be an open, innovative investment platform.

In the Horn Philipp Bohrn blows. The Managing Director of the company, will appreciate that the stock market can be conquer by the admission of the European market. So he announced:

Our goal is to close the bridge between the modern and the traditional financial market. The admission to the payment provider allowed us to bring down borders.

Bitcoin and crypto-currencies in Austria

Apart from this approval by the FMA, Something is going on in Austria otherwise, when it comes to Bitcoin and other crypto-currencies. So, we told you about recently that you can buy in Austria, crypto-currencies at the Post office. Thus, the country is part of a series with the German neighbouring countries, where BTC is encountering a wider acceptance. Because in Germany the legal situation is still unclear.

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