Austrian fintech unicorn Bitpanda has now registered with the Swedish Financial Supervisory Authority, becoming the first non-Norwegian firm to secure a crypto license in Norway.
When MiCA, the new European regulation for crypto assets, is eventually introduced in Norway, more foreign crypto exchanges will likely register in Norway, while Norwegian crypto exchanges will register in other EU/EEA countries.
Bitpanda's license is called VASP, or Virtual Asset Service Provider, and is now held by 10 companies, including Firi, NBX and K33 Markets.
In a press release, Bitpanda refers to itself as “Europe's most regulated crypto company”. Last year, Bitpanda became the first foreign crypto provider to secure registration in Sweden, and has already launched the full range of services to Swedish investors. With an important presence in Europe, Bitpanda now wants to further expand its Nordic presence and provide the same benefits to Norwegians who want to trade digital assets safely and easily.
It has become clear that Europe needs an investment platform that can be trusted and we have committed to being that platform. Over the past 12 months, we have been the only European operator to have been granted licences in Germany, Sweden and Norway. We have reached more than 4 million users, while enabling Europe's leading financial institutions and neobanks to offer digital assets. We plan to further strengthen our European commitment, and this new milestone in the Nordic region is a step forward in the right direction,” said Lukas Enzensdorfer-Konrad, Deputy CEO of Bitpanda said.
Bitpanda was founded in 2014 in Vienna, Austria by Eric Demuth, Paul Klanschek and Christian Trummer (see photo).
Earlier in October, it became known that the Financial Supervisory Authority has been commissioned by the Ministry of Finance to investigate the introduction of Mica, which is the new regulatory framework for crypto assets adopted by the EU bodies this spring. The inquiry is welcomed by Norwegian financial actors and, according to KPMG, can ensure innovation within a safe environment. We also have the video interview Magnus Jones, an interview where you can get answers to what you need to know about MiCA right now.
Austrian fintech unicorn Bitpanda has now registered with the Swedish Financial Supervisory Authority, becoming the first non-Norwegian firm to secure a crypto license in Norway.
When MiCA, the new European regulation for crypto assets, is eventually introduced in Norway, more foreign crypto exchanges will likely register in Norway, while Norwegian crypto exchanges will register in other EU/EEA countries.
Bitpanda's license is called VASP, or Virtual Asset Service Provider, and is now held by 10 companies, including Firi, NBX and K33 Markets.
In a press release, Bitpanda refers to itself as “Europe's most regulated crypto company”. Last year, Bitpanda became the first foreign crypto provider to secure registration in Sweden, and has already launched the full range of services to Swedish investors. With an important presence in Europe, Bitpanda now wants to further expand its Nordic presence and provide the same benefits to Norwegians who want to trade digital assets safely and easily.
It has become clear that Europe needs an investment platform that can be trusted and we have committed to being that platform. Over the past 12 months, we have been the only European operator to have been granted licences in Germany, Sweden and Norway. We have reached more than 4 million users, while enabling Europe's leading financial institutions and neobanks to offer digital assets. We plan to further strengthen our European commitment, and this new milestone in the Nordic region is a step forward in the right direction,” said Lukas Enzensdorfer-Konrad, Deputy CEO of Bitpanda said.
Bitpanda was founded in 2014 in Vienna, Austria by Eric Demuth, Paul Klanschek and Christian Trummer (see photo).
Earlier in October, it became known that the Financial Supervisory Authority has been commissioned by the Ministry of Finance to investigate the introduction of Mica, which is the new regulatory framework for crypto assets adopted by the EU bodies this spring. The inquiry is welcomed by Norwegian financial actors and, according to KPMG, can ensure innovation within a safe environment. We also have the video interview Magnus Jones, an interview where you can get answers to what you need to know about MiCA right now.
