EddieJayonCrypto
8 May 24
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.
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