Coinspeaker
Bitpanda Expands Austrian Presence via 55 Branches of Raiffeisen Bank
After testing the crypto operations via a traditional banking platform in the past twelve months, Bitpanda GmbH, a veteran cryptocurrency exchange based in Vienna, has announced the expansion of the services to 55 other branches of Raiffeisen Bank International AG (Austria: RBI). Bitpanda cryptocurrency exchange has been working closely with Raiffeisen Bank in the past year to offer digital asset investment in Vienna.
However, the dual is now expanding beyond Vienna to the entire country amid the implementation of the Market in Crypto Assets (MiCA) laws in Europe. According to Bitpand’s deputy CEO Lucas Konrad, clear cryptocurrency regulatory frameworks in Europe have enabled the ongoing expansion of digital assets.
Konrad further noted that the strategic partnership between Bitpanda and Raiffeisen Bank has enabled an adoption rate of 10 percent in Vienna. Whereby most new crypto investors
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