Business Review’s Post

Bitpanda, a leading European digital asset platform, has secured in-principle approval from Dubai's Virtual Assets Regulatory Authority (VARA), marking its entry into the United Arab Emirates (UAE) market. This approval enables Bitpanda to operate as Bitpanda Broker MENA DMCC, signifying its first venture beyond Europe and reinforcing its status as a global player in the digital assets sector. #bitpanda #digitalasset #mena #uae #europe

Bitpanda expands globally; secures in-principle approval from Virtual Assets Regulatory Authority (VARA) to enter UAE market Eric Demuth, Co-Founder and CEO of Bitpanda, commented: “In Europe, we have built a reputation as the most trusted and regulated digital asset platform. Now, we are scaling this proven model globally, with Dubai and the UAE serving as our strategic launchpad for international expansion." Read More: https://lnkd.in/dEw6Qiwh #Bitpanda #expansion #VARA #UAE #financialintegrator

Bitpanda has secured in-principle approval from the UAE's VARA, marking its first expansion outside Europe and positioning itself to tap into the growing digital asset market in the Middle East. The post Bitpanda Secures VARA In-Principle Approval for UAE Expansion appeared first on Cryptonews. #Bitpanda #VARA #UAExpansion #DigitalAssets #CryptoNews

Bitpanda Expands Globally; Secures In-Principle Approval From VARA to Enter UAE Market Eric Demuth, Co-Founder and CEO of Bitpanda, commented: “In Europe, we have built a reputation as the most trusted and regulated digital asset platform. Now, we are scaling this proven model globally, with Dubai and the UAE serving as our strategic launchpad for international expansion. The opportunities are immense, and we are uniquely positioned to seize them – both as Europe’s leading crypto broker and as a top infrastructure provider in the digital assets space.”   https://lnkd.in/e64XaRMG Fabian Reinisch Callum Finch Victor Tuson Palau Gianni Rüegg Deirdre Murphy Marta Radi Patricia Concepción García Magdalena Hoerhager #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Crazy, Fun, and Transformative Times 🚀 These are the moments that fuel my passion at Bitpanda. Challenging, fast paced, volatile, and exciting all at once. The digital assets industry is surging post-election, markets are buzzing with volatility, and at the same time, we’re preparing to tackle a wave of transformative regulations. Here’s just a glimpse of what’s on the horizon: - MiCAR: Finally coming into force, MiCAR sets the stage for a harmonised regulatory framework across the EU. It’s a pivotal moment that allows us to keep playing the regulated game—but now on a level playing field across Europe. - Travel Rule Integration: Ensuring that digital assets are not misused for illicit purposes, this rule is a critical step in bridging crypto innovation with compliance. - DORA: Like every other financial institution in Europe, the crypto industry must now meet high standards of operational resilience. It’s a call to further fortify our systems and ensure stability even amidst market turbulence. And this is happening in the middle of volatile market conditions, with record-breaking prices and increasing demands from customers requires just as much attention as these regulatory shifts. Why This Matters This confluence of growth, volatility, and regulation is a unique challenge, but also a massive opportunity. The way we navigate these changes will define the industry's future. It’s not just about regulatory compliance; it’s about elevating how we innovate and operate while still staying afloat and serving our customers in the best possible way in these crazy times. A Call for Optimism Yes, these times are challenging—but they’re also exhilarating. As an industry, we’re not just facing regulation; we’re shaping it. Europe’s leadership in crafting regulatory frameworks like MiCAR and DORA positions us to set global standards. This is our chance to prove that compliance and innovation actually can go hand in hand. #Crypto #Regulation #DigitalAssets #MiCAR #DORA #Innovation Picture from this past Tuesday, where I had the privilege of participating in a Fireside Chat with Alexandra Jour-Schroeder, Deputy Director General of DG FISMA. Together, we explored Europe’s critical role in the global fintech landscape and discussed what it takes to empower European fintechs to grow into global champions. Philipp Bohrn Benedikt Faupel Michal Truszczynski  

Bitpanda Talks - Starting the new mandate together Hello everyone, We have just completed our first event of the new legislative period in Brussels. After the EU 2024 elections and the US election results, we see that the newly formed European Commission will certainly continue to shape the future of the crypto industry. Therefore, we wanted to take the opportunity to discuss the future of crypto with policy makers and industry experts right in the heart of Brussels - next to the European Parliament. On the EU side, we see the next chapter unfolding with the full application of MiCAR by the end of 2024 - but with the US presidential election results acting as a catalyst for crypto assets, we also highlighted the need for a serious discussion on how Europe's way of "leading in regulation" can turn into "leading in innovation". The very fruitful discussion between Joachim Schwerin, Coco C., and myself showcased the different actions that are necessary to align the industry, regulatory bodies, and politics towards their shared goals. Bitpanda`s CFO Jonas Gjørup Larsen and Alexandra Jour-Schroeder were debating about the future of the EU Fintech sector and what it means to be an innovative Fintech on the European vs the global scale. It has already been a great day with many interesting discussions. At Bitpanda PA we believe that only by listening to each other and having the necessary debates can we deliver the best for European citizens, the industry and the EU as a whole! I will be in Brussels until Thursday, packed with many more interesting debates and attending the Crypto Council for Innovation’s Shaping the Digital Future Forum on Thursday. If you are interested in discussing all things crypto, please get in touch. #crypto, #MiCAR, #compliance, #financialliteracy, #capitalmarketsunion and #publicpolicy

Bitpanda Expands into the Middle East

BitGo's recent acquisition of a Major Payment Institution License in Singapore isn't just a win for the crypto space—it's a signal of growing opportunities within the local employment market as well. With Singapore solidifying its position as a global crypto hub, firms like BitGo are setting the stage for new roles in digital finance, compliance, and technology. This expansion could drive demand for skilled professionals in the sector, offering fresh career prospects in a rapidly evolving financial landscape. As companies expand their operations, it's a clear message that the future of employment in Singapore is intertwined with the rise of digital assets. #CryptoJobs #SingaporeEmployment #FintechCareers #BitGo #Linkedcorp

Coinbase's Project Diamond has integrated the Chainlink Standard to drive institutional adoption of digital assets in Abu Dhabi. The initiative, regulated by the Financial Services Regulatory Authority of the Abu Dhabi Global Market

It's now been a month since I’ve joined InvestaX, Singapore Legal Team🚀 where I have been constantly learning new things in this evolving space of digital assets and tokenization in the blockchain sector. The digital asset industry is truly transformative, offering innovative, ‘programmable’ functionalities that address the limitations of traditional finance and capital markets.  It's been fascinating to see how these advancements are democratizing investment, making financial markets more inclusive and accessible especially for the private markets. With InvestaX’s  and IX Swap platform ,  I’m seeing a range of real-world asset classes being tokenized (converted into digital form) on chain where fractional ownership can be enabled. Whether it be youtube channels, gaming portfolios or even complex structured investment funds. Entering into the world of blockchain technology I am constantly amazed at the new use cases and applications where there are endless possibilities!  Real World Asset tokens offer the crucial bridge between TradFi and Defi as it converges elements of both realms. RWA fills in the gap seamlessly without the volatility of a cryptocurrency instead being backed by a ‘real-world asset’ and being regulated just like traditional securities, meanwhile also taking advantage of the tokenization space of fractional investment and blockchain technology with seamless transactions using automated smart contracts. Being part of the legal team in this process, is like being a co-pilot in the spaceship🚀. As the regulatory landscape is emerging and evolving, being constantly abreast with updates across jurisdictions is very important in ensuring compliance. 𝗦𝗼𝗺𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗳𝗮𝘀𝗰𝗶𝗻𝗮𝘁𝗶𝗻𝗴 𝗮𝗻𝗱 𝗶𝗻𝘁𝗿𝗶𝗰𝗮𝘁𝗲 𝗺𝗮𝘁𝘁𝗲𝗿𝘀 𝘁𝗵𝗮𝘁 𝘁𝗵𝗲 𝗟𝗲𝗴𝗮𝗹 𝗧𝗲𝗮𝗺 𝗵𝗮𝗻𝗱𝗹𝗲𝘀 𝗶𝗻𝗰𝗹𝘂𝗱𝗲: ✅ 𝗘𝘅𝗽𝗹𝗼𝗿𝗶𝗻𝗴 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗟𝗮𝘄𝘀 𝗮𝗻𝗱 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗣𝗲𝗿𝘀𝗽𝗲𝗰𝘁𝗶𝘃𝗲𝘀: Understanding and navigating various regulations across jurisdictions has been extremely interesting. ✅ 𝗟𝗲𝗴𝗮𝗹 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗶𝗻𝗴: The complexities of structuring tokenization deals require a delicate approach. Discovering how these investment deals can be crafted to balance compliance and convenience for investors has been quite intriguing. ✅ 𝗗𝘂𝗲 𝗗𝗶𝗹𝗶𝗴𝗲𝗻𝗰𝗲 𝗠𝗲𝗮𝘀𝘂𝗿𝗲𝘀: Understanding due diligence for issuers and investors for ensuring thorough transaction vetting ✅ 𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝗰𝗲 𝗼𝗳 𝗞𝗬𝗖/𝗔𝗠𝗟 𝗠𝗲𝗮𝘀𝘂𝗿𝗲𝘀 𝗼𝗻 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀: Ensuring rigorous compliance practices in terms of Know Your Customer and AML requirements. I am delighted to be part of this innovative journey in fintech, transforming investments through the tokenization of real-world assets. As per the World Economic Forum Report, the total value of tokenized assets could reach $24 trillion by 2027. #InvestaX #IXSwap #rwa #tokenization #blockchain