Odaily Planet Daily News📣: European digital asset platform Bitpanda has recently received provisional approval from the UAE Virtual Assets Regulatory Authority (VARA), marking a significant step in its first foray into markets outside Europe! 🚀
Although Bitpanda still needs to establish an office in Dubai, assemble a management team, and improve infrastructure to obtain full operational licensing, this undoubtedly adds confidence to its global expansion plans. 🌍
In the context of an increasingly complex global regulatory environment, this move by Bitpanda demonstrates an optimistic attitude towards the Middle Eastern market, while also bringing positive signals for the development of cryptocurrencies such as Bitcoin in the region. 💪🔗