BitPanda secures crypto license in UAE and sets sights on MENA

Source Cryptopolitan

BitPanda, a regulated crypto assets platform in Europe, has now extended its reach in MENA region with a license in UAE from Dubai’s Virtual Assets Regulatory Authority. BitPanda now holds a crypto brokerage license that allows it to serve retail and institutional investor clients.

UAE clientele will be able to access over 500 crypto assets on BitPanda after it became the 17th crypto broker to be licensed by VARA.

Lukas Enzersdorfer-Konrad, Deputy CEO at Bitpanda Group, noted that BitPanda seeks to ensure investors and financial institutions have access to a fully compliant digital asset platform.

He adds, “This is just the beginning of our expansion beyond Europe. We are ready to grow in a region that embraces innovation and regulation equally.”

Nadeem Ladki, Global Head of Bitpanda Technology Solutions noted that the exchange remains focused on offering innovative secure solutions and that this is only the start. He states, “We have more exciting developments to share in the near future.”

With an office in Dubai’s DMCC Crypto Centre, the BitPanda team said it is working to tailor products to the UAE market and will start onboarding UAE investors in the upcoming months.

BitPanda shares confidence after license approval 

According to Fabian Reinisch, General Counsel at Bitpanda Group, BitPanda obtained approval in record time and he believes this is a testament to the decade experience of their teams working in the digital asset space and their commitment to the highest regulatory standards.

BitPanda received preliminary approval from VARA back in December 2024.

BitPanda currently holds several licenses in Europe, including a MiCAR license from the German regulator BaFin, registration with the UK’s FCA, a PSD2 E-money license, a MiFID II license, and VASP registrations across multiple markets.

Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Holds Above $109K as Long-Term Holders Accumulate Amid LiquidationsBitcoin maintains upward momentum despite a recent market retracement that briefly pulled the asset off its all-time highs. After climbing past the $111,000 level last week to set a new record, the
Author  NewsBTC
13 hours ago
Bitcoin maintains upward momentum despite a recent market retracement that briefly pulled the asset off its all-time highs. After climbing past the $111,000 level last week to set a new record, the
placeholder
Gold price consolidates below two-week high; bullish potential seems intactGold price (XAU/USD) struggles to gain any meaningful traction and oscillates in a narrow band during the Asian session on Tuesday amid mixed fundamental cues.
Author  FXStreet
14 hours ago
Gold price (XAU/USD) struggles to gain any meaningful traction and oscillates in a narrow band during the Asian session on Tuesday amid mixed fundamental cues.
placeholder
EUR/USD gathers strength to near 1.1400 as Trump delays EU tariffsThe EUR/USD pair trades in positive territory near 1.1395 during the Asian trading hours on Tuesday. The Euro (EUR) edges higher to the highest since late April against the US Dollar (USD) after US President Donald Trump delayed the imposition of 50% tariffs on Europe.
Author  FXStreet
14 hours ago
The EUR/USD pair trades in positive territory near 1.1395 during the Asian trading hours on Tuesday. The Euro (EUR) edges higher to the highest since late April against the US Dollar (USD) after US President Donald Trump delayed the imposition of 50% tariffs on Europe.
placeholder
Dogecoin Breakout Incoming? $3 Target On The Horizon—AnalystDogecoin has held steady above $0.22 since May 20 and climbed back after a brief dip. It hit $0.25 on May 23, then eased into the weekend. In the last 24 hours, the token is up 4.1%. Over a week,
Author  NewsBTC
14 hours ago
Dogecoin has held steady above $0.22 since May 20 and climbed back after a brief dip. It hit $0.25 on May 23, then eased into the weekend. In the last 24 hours, the token is up 4.1%. Over a week,
placeholder
Dog-themed coins SHIB show bullish signs, DOGE faces resistanceDogecoin (DOGE) and Shiba Inu (SHIB) are down roughly 1% at press time on Tuesday.  While the dog-themed meme coins have consolidated for almost a week, Shiba Inu shows recovery signs in the derivatives market and technical charts as Dogecoin faces headwinds. 
Author  FXStreet
14 hours ago
Dogecoin (DOGE) and Shiba Inu (SHIB) are down roughly 1% at press time on Tuesday.  While the dog-themed meme coins have consolidated for almost a week, Shiba Inu shows recovery signs in the derivatives market and technical charts as Dogecoin faces headwinds. 
goTop
quote