Bitpanda, one of the prominent fiat-to-crypto brokers in the European Union, has secured its license as a payment provider, in accordance with Austrian financial regulations and Europe-wide money management laws.
As a payment provider, Bitpanda would be able to connect the intrinsic value of digital assets with the traditional financial world. Payment providers are key to the creation of cards or spending apps for digital assets. With the new Payment Services Directive 2 (PSD2) license, Bitpanda has become both a digital asset startup, with its own Pantos (PAN) token, as well as a payment provider, opening the doors to innovative ...