European crypto exchange Bitpanda extended its partnership with Raiffeisen Bank to offer crypto in 55 bank branches in Austria.
UAE is Bitpanda's first expansion outside of Europe, highlighting the importance of a clear regulatory framework for crypto businesses in different jurisdictions.
Regulatory clarity in Europe and UAE is driving crypto adoption according to Bitpanda's deputy CEO, with Austria's Market in Crypto Assets regime and UAE's Virtual Assets Regulatory Authority leading the way.
Bitpanda's deputy CEO emphasizes the advantage of a clear regulatory framework in regions like Europe and the UAE, contrasting it with challenges in the U.S. for entities like banks.
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