tl;dr

Bitpanda has expanded its crypto offering with Raiffeisen Bank to 55 branches across Austria and is opening a Dubai office for its first expansion outside of Europe. The partnership with Raiffeisen has seen a 10% adoption rate, with a focus on large-cap cryptocurrencies. Bitpanda's deputy CEO highli...

Bitpanda and Raiffeisen Bank have expanded their crypto offering to 55 branches across Austria, beyond Vienna. This partnership has seen a 10% adoption rate, with a focus on large-cap cryptocurrencies. Bitpanda is also opening a Dubai office, marking its first expansion outside of Europe. Regulatory clarity, such as the Market in Crypto Assets (MiCA) regime in Europe and the Virtual Assets Regulatory Authority (VARA) in the UAE, is considered crucial for driving crypto adoption.

The European crypto exchange, Bitpanda, has extended its partnership with Raiffeisen Bank to offer crypto at 55 bank branches in Austria. Meanwhile, Bitpanda is opening a Dubai office, signaling its first expansion beyond Europe. Regulatory clarity, exemplified by MiCA in Europe and VARA in the UAE, plays a key role in fostering crypto adoption.

Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 22 Nov 24
 22 Nov 24
 22 Nov 24