Global #Bitpanda

This week in the cryptocurrency sector, several significant developments have emerged, including Societe Generale’s partnership with Bitpanda, Kraken’s strategic acquisition in the Netherlands, and regulatory warnings from Dutch authorities.

In a strategic move to solidify the role of stablecoins in the global financial ecosystem, French banking giant Societe Generale has formed a partnership with crypto platform Bitpanda.

Bitpanda, a crypto trading platform, has recently partnered with Deutsche Bank, enabling German crypto traders to conduct real-time inbound and outbound payments seamlessly.

Bitpanda, a cryptocurrency exchange based in Europe, has disclosed its financial performance for the year 2023, revealing a resurgence in profitability following a period of substantial investments.

Bitpanda, an Austrian-based platform offering crypto and securities brokerage services along with custody solutions, has unveiled its intention to extend its operations to the Middle East with the launch of Bitpanda MENA.

Due to the clarity provided by the EU's implementation of the Markets in Crypto-Assets (MiCA) laws, several of the biggest banks in the EU are considering entering the cryptocurrency space.