The Crypto Exchange Bitpand said it gained markets in the Crypto Assets License (MICA) from the German Federal Financial Supervisory Authority (BAFIN).
The Crypto Asset Provider License will allow the exchange to operate in 27 European Union countries. The Austria -based company has 6 million users in December and will use the license to accelerate its growth, it said.
“This milestone allows us to bring easy and safe investment to over 450 million people, opening unparalleled potential growth in a market that we are ready to fully cover,” said Eric Demuth, CEO and co-founder, in the statement.
The company has joined Boerse Stuttgart Digitalawarded the first German regulator license. MoonpayBitstaete, ZBD and Prime Brokerage and Clearing Company Hidden Roadalso received MICA licenses.
