Explore the stringent actions by Germany’s BaFin and Japan’s Financial Services Agency against MEXC Exchange for operating without proper authorization, underscoring the critical importance of regulatory compliance in the crypto market.
MiyukiRaiffeisen Bank, a venerable Austrian financial institution with $215 billion in assets, is set to introduce cryptocurrency trading services for retail clients in Vienna by January 2024, in partnership with Bitpanda. The move reflects the bank's strategic foray into the crypto realm, targeting digitally savvy customers with a preference for modest investments and emphasizing the increasing adoption of cryptocurrencies in regions with clear regulatory frameworks.
JixuBitpanda, an Austria-headquartered cryptocurrency trading platform, revealed in a blog post on Saturday that it is reducing its employees to maintain ...
BitcoinistWitnessing the crypto crashes over the past several weeks from a front-row seat, Bitpanda made the “tough decision” of cutting down its employee headcount to roughly 730 people.
CointelegraphPreviously, the Austrian company has obtained licenses in France, Italy, Sweden and Czech Republic.
CointelegraphHighlighting Germany’s crypto license as an example of attractive regulation, Birgit Rodolphe writes that similar frameworks should be the same throughout the EU to “prevent a fragmented market.”
Cointelegraph