The FMA said Bitpanda breached MiCA rules on crypto white papers and marketing communications, with the decision now final.
[Update 10:40 UTC, Aug. 17: This article has been updated to include a statement from Bitpanda in sixth and seventh paragraphs.]
Austria’s financial regulator has fined crypto platform Bitpanda 70,000 euros ($82,000) for violating the European Union’s Markets in Crypto-Assets Regulation, in the watchdog’s first published final penalty under MiCA.
The Austrian Financial Market Authority (FMA) said Friday that Bitpanda failed to submit a crypto-asset white paper to the regulator at least 20 working days before its publication, as required under MiCA.
Read more
If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.
If you want to read more News articles, you can visit our General category.