Bitpanda expands to UAE after securing VARA license

Bitpanda, based in Vienna, has received a broker-dealer license from VARA, allowing user access in the UAE. This step solidifies its presence in the Middle East, supported by an office in Dubai.

Lukas Enzersdorfer-Konrad, Bitpanda’s deputy CEO, highlighted the importance of the VARA license in ensuring compliance and security for users, marking a strategic expansion beyond Europe.

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