CandleFocus

Bitpanda Gains In-Principle VARA Nod, Launches Dubai Office for MENA

European crypto platform Bitpanda has received preliminary approval from the Virtual Assets Regulatory Authority in the United Arab Emirates (UAE), less than eight months after submitting its application. Once fully licensed, Bitpanda will operate as Bitpanda Broker MENA DMCC, marking its first expansion outside of Europe. The approval aligns with Bitpanda's strategy to grow globally and enter the UAE's thriving cryptocurrency trading and digital finance market. Bitpanda has also recently launched Bitpanda Fusion, a product designed for high-volume and intra-day traders in the wider Middle East and North Africa region.

Related News