MADRID, 22 Nov. (EUROPA PRESS) –

The Bitpanda platform has received the crypto custody and proprietary trading license from Germany’s Federal Financial Supervisory Authority (BaFin), the company reported in a statement.

This is the most comprehensive license of its kind in Germany and will allow Bitpanda to independently offer cryptocurrency custody services as well as proprietary cryptocurrency trading for German residents.

Bitpanda will also be able to manage an order book and offer crypto asset services directly, providing German clients with a safe and regulated environment to invest in.