ChainCatcher news, according to Cointelegraph, the Austrian cryptocurrency platform Bitpanda is expanding its operations in the UK after receiving regulatory approval from the Financial Conduct Authority (FCA).Bitpanda announced on February 12 that it has been authorized to offer over 500 cryptocurrencies in the UK. This approval also allows Bitpanda to provide various crypto services to UK investors, including staking, savings plans, and crypto indices.

ChainCatcher news, according to Cointelegraph, Austrian crypto unicorn Bitpanda has received a MiCA license issued by the German Federal Financial Supervisory Authority (BaFin), becoming the second crypto asset service provider (CASP) to obtain this license. The license is effective immediately, allowing Bitpanda to operate in all 27 member states of the EU.Bitpanda CEO Eric Demuth emphasized that the EU needs to learn from the U.S. experience and strengthen the enforcement of MiCA regulations to prevent non-compliant platforms from continuing to operate. He pointed out that the U.S. is rapidly positioning itself as a global crypto hub, and the EU needs to take more proactive measures to maintain its competitive advantage.

ChainCatcher news, according to market news, the European cryptocurrency platform Bitpanda is considering potential options such as an IPO or sale.

ChainCatcher news, according to Cointelegraph, a state-owned bank in the United Arab Emirates (UAE), RAKBANK, has partnered with cryptocurrency infrastructure provider Bitpanda Technology Solutions to create a digital asset management platform for UAE residents.RAKBANK Group's Chief Customer Officer Dongjun Choi stated, "We believe that digital assets are one of the ways for future customers to manage their finances more effectively and securely." Although the partnership has been announced, the team also clarified that the platform still requires approval from the Central Bank of the United Arab Emirates.Choi also mentioned that this collaboration aims to "fill a market gap." The executive believes there is a need for a regulated banking platform to handle digital assets, and their goal is to provide customers with a broader range of digital asset opportunities. Through this partnership, the bank will not need to develop internal digital asset infrastructure.

ChainCatcher news, according to TheDataNerd monitoring, 1 hour ago, a wallet (belonging to AmberGroup) deposited 8.932 million AGIX (5.09 million USD) and 2.133 million OCEAN (1.22 million USD) to Binance.The same thing happened on BitPandaGlobal, where they deposited 9.926 million OCEAN (approximately 5.94 million USD) and 15.331 million AGIX (9.16 million USD) to Binance.

ChainCatcher news, the cryptocurrency trading platform BitPanda has announced a partnership with Deutsche Bank, allowing German cryptocurrency traders to make real-time payments on BitPanda. This collaboration aims to enhance trading efficiency and security, providing liquidity for BitPanda's users in Germany.It is reported that the partnership with Deutsche Bank will allow BitPanda to use an API-based account solution, enabling the cryptocurrency trading platform to access German International Bank Account Numbers (IBAN). Users of BitPanda in the region will be able to utilize the deposit and withdrawal services of German IBAN, with all fiat deposit and withdrawal requests being settled in real-time through Deutsche Bank.

ChainCatcher news, according to Bloomberg, cryptocurrency trading platform Bitpanda, backed by billionaire Peter Thiel, expects that bank trading and the rise of digital assets may drive the company's profits to rebound to record levels in 2024.Bitpanda stated in a statement that following a net sales of 148 million euros (160 million dollars) in 2023, revenue is soaring, with net business income exceeding 100 million euros in the first three months of 2024.

ChainCatcher news, according to Bloomberg, Germany's largest state bank Landesbank Baden-Württemberg plans to collaborate with the cryptocurrency trading platform Bitpanda to provide cryptocurrency custody services for institutional and corporate clients in the second half of the year.

ChainCatcher message, according to monitoring by The Data Nerd, 20 hours ago, Bitpanda deposited 6.5 million FET (approximately 21.84 million USD) to Binance, with an unrealized profit of 18.21 million USD.

ChainCatcher news, European cryptocurrency exchange BitPanda has announced that it has become a foreign entity licensed as a virtual currency service provider in Norway. BitPanda holds licenses in several European jurisdictions, including Austria, Germany, France, the Czech Republic, and Sweden, with over 4 million users, and is able to provide digital assets to European financial institutions and newcomers.

ChainCatcher news, Austrian cryptocurrency exchange Bitpanda has partnered with Coinbase. Coinbase will be added as a liquidity provider for Bitpanda Technology Solutions, and Bitpanda's "Invest as a Service" division will also start using Coinbase Prime's custody services. This deal will pave the way for Coinbase Institutional clients outside the U.S. to use the white-label Bitpanda Invest as a Service platform.It is reported that Austrian bank Raiffeisenlandesbank, German neobank N26, French fintech company Lydia, and the UK's Plum are already using the service. (The Block)

ChainCatcher news, according to Coindesk, the cryptocurrency trading platform Bitpanda has announced a partnership with Austrian investment bank Raiffeisen Bank International AG (RBI) to provide crypto lending services. The two companies have signed a letter of intent and will complete the evaluation of the offer by the end of the year.Raiffeisen Bank General Manager Michael Höllerer stated, "The partnership with Bitpanda aims to add innovative and secure aspects to our product range, allowing all customers to easily accumulate wealth." (source link)

ChainCatcher news, according to The Block, Austrian company registration information shows that the founders of the cryptocurrency exchange platform Bitpanda, Eric Demuth, Paul Klanschek, and Christian Trummer, applied to establish a company named Diamond Hand Ventures last May. A Bitpanda spokesperson stated that this investment company is solely used by the three founders for angel investments and will not absorb external capital.It is reported that Diamond Hand Ventures has currently invested in cryptocurrency custody provider Copper, blockchain development platform Tatum, payment company Payable, and Web3 accounting platform Consola Finance, among others. (The Block)

ChainCatcher news, according to CoinDesk, the €9 billion European digital bank N26 will provide trading access to up to 200 cryptocurrencies, including BTC, ETH, ADA, and XRP, for some of its customers through the trading and custody platform of the Austrian cryptocurrency exchange Bitpanda. The bank will initially allow only N26 customers in Austria to access the crypto services, with plans to roll out the service to customers in other markets in the coming months.It is reported that N26's Chief Product Officer Gilles BianRosa stated that the bank offers crypto trading solely as a "wealth-building feature," meaning customers can buy and sell tokens but cannot transfer assets to other digital wallets. (CoinDesk)

Chain Catcher news, cryptocurrency exchange Bitpanda has added support for commodity trading, including natural gas, oil, corn, and wheat. Users will be able to gain exposure to exchange-traded commodities (ETC) through derivative contracts, with Bitpanda holding the ETC, and users unable to directly purchase physical assets.It is reported that Bitpanda is headquartered in Austria, focusing on Europe. In August last year, Bitpanda completed a $263 million Series C funding round with a valuation of $4.1 billion. In July this year, Bitpanda launched four cryptocurrency indices based on infrastructure, the metaverse, smart contracts, and DeFi. (source link)