A BaFin special audit has found 16 deficiencies at Bitpanda’s German subsidiary, including serious weaknesses in risk management, IT and outsourcing. Yet Bitpanda’s home regulator, Austria’s FMA, is simultaneously building a MiCA “crypto hub” in Vienna – licensing Bitpanda and other high-risk players – with Austrian lawyer Oliver Stauber among the key architects.tick
Viennese lawyer and long-time Social Democratic (SPÖ) networker Oliver Stauber has moved from running a Social Democratic “think tank” under former chancellor Christian Kern to running KuCoin’s new EU hub in Vienna. He managed to have KuCoin MiCA-licensed by the Austrian regulator FMA!
Viennese lawyer Oliver Stauber is now CEO of KuCoin EU and one of the central figures of Austria’s emerging “MiCA hub.” A long-time crypto lawyer, former Chief Legal Officer of Bitpanda, FinTech adviser to the Austrian government and vice president of the Digital Assets Association Austria (DAAA), he sits exactly at the intersection of politics, regulation and high-risk exchanges like KuCoin.
Trustpilot is issuing a brutal verdict on crypto exchanges: Binance 1.4, Kraken 1.6, Bitstamp 1.7, Gemini 1.4, Blockchain.com 2.1—dominated by frozen-account horror stories and support dead ends. Only Coinbase and Bitpanda (3.9, Great) and Bybit (3.4, Average) escape “scam-level.” Fintechs like Revolut (4.6, Excellent) and Wise (4.3) show how far crypto’s CX still lags.
Bybit has flipped the switch on Bybit.eu, a Vienna-based, MiCAR-licensed platform that instantly passports regulated crypto services to 29 European Economic Area (EEA) states. Bybit announced the move in a press release on July 1, 2025. The move detonates fresh competitive pressure on home-grown Bitpanda, long the regulatory poster-child of Austria’s crypto scene.
Austrian crypto platform Bitpanda has gained FCA approval, marking a major step in its UK expansion. Already holding a MiCAR license, the company is reinforcing its position as Europe’s leading regulated crypto provider. With a full suite of investment products—including staking, savings plans, and crypto indices—Bitpanda is not just entering the UK market but ambitiously aiming to set new standards.
Bitpanda CEO Eric Demuth’s dog, Picci, takes center stage at corporate events. Does this quirky branding align with the gravitas needed for a €3-4 billion crypto giant preparing for an IPO?
Alt Text for Images: Eric Demuth at a corporate event with his dog Picci, raising questions about leadership optics and professionalism at Bitpanda.
In a move reminiscent of the last crypto bull market 2020/2021, Crypto.com has signed a high-profile sponsorship deal with UEFA, the governing body of European football. This partnership, which will see Crypto.com prominently featured in UEFA events, mirrors similar recent deals by major crypto platforms, suggesting that the market may be approaching another peak. Crypto investors should be alerted.
The Austrian crypto exchange BitPanda's recent announcement of a strategic partnership with AC Milan, one of Europe's most iconic football clubs, marks yet another instance of a cryptocurrency platform venturing into the world of sports sponsorship. While such high-profile partnerships may lend credibility and visibility to the crypto platform, they also raise critical questions about the underlying motives and the potential risks for investors.
After a challenging year in 2022, Bitpanda is making a significant comeback, driven by strategic cost-cutting and a recovering crypto market. Bitpanda faced a severe downturn in 2022. The company's turnover plummeted from €500 million to €90 million, resulting in a loss of €116 million. This decline was attributed to an overburdened cost structure and the crypto winter. For 2023, the company reported a pre-tax profit of €13.6 million.
The Austrian crypto unicorn Bitpanda has appointed Joshua Barraclough, a former JPMorgan executive, as the new CEO of its digital assets exchange, Bitpanda Pro. The announcement marks an important step in the crypto exchange's aim to enhance its offerings for experienced traders and institutional clients. Barraclough brings a wealth of experience from his tenure as co-head of digital innovation at JPMorgan in London.