Crypto Exchange Bitpanda Expands Austrian Presence With Raiffeisen Bank Partnership

European crypto exchange Bitpanda expanded its partnership with the Vienna-based unit of Austrian lender Raiffeisen to offer crypto to customers at 55 bank branches across the country, the firms said on Wednesday. Earlier this week, Bitpanda said it was opening a Dubai office, making UAE the choice of its first expansion outside of Europe. A clear regulatory framework is essential for crypto businesses, and any jurisdictions that can offer this peace of mind will naturally take the lead in digital assets. In the case of Europe, this is the Market in Crypto Assets (MiCA) regime being implemented this year. UAE has already stolen a march on other jurisdictions with its Virtual Assets Regulatory Authority (VARA).

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