Tencent Reviews Marvelous Stake as Gaming Giant Reassesses Global Investment Strategy 
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown 
BTC Slips Below $60K as Institutional Demand Dries Up — Bears Eye $59K Support, Rallies to $63K for Shorts 
How the UK’s rollback of banking regulations could risk another financial crisis 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock 
Gold Prices Rise as Markets Await Trump’s Policy Announcements 
Investors Brace for Market Moves as Trump Begins Second Term 
Do investment tax breaks work? A new study finds the evidence is ‘mixed at best’ 
Alibaba Shares Fall After Anthropic Alleges Massive AI Model Distillation Campaign 
Apple Downgraded by Jefferies Amid Weak iPhone Sales and AI Concerns 
Tesla and NatPower Partner on $5 Billion Battery Storage Expansion in Europe 
Bain Capital Nears Deal for Majority Stake in Volkswagen Marine Engine Unit Everllence 
BitPanda, a leading cryptocurrency exchange, has obtained a Virtual Asset Service Provider (VASP) license in Norway, setting a precedent as the first foreign entity to do so.
Earning this VASP license also made BitPanda the first foreign crypto exchange firm to get it in Norway. Moreover, this is expected to boost the brand’s presence further here.
Crucial Advancement in the Norwegian Market
Bitpanda recently announced its advancement to Norway, which is remarkable. It is now the first non-local company to get the VASP license, and this can serve as something that will help the company strengthen its place in the European industry.
With the approval from the Norwegian authorities, Bitpanda can now introduce its safe and secure services for digital assets trading to its customers. As per Binance Square, the crypto community in the territory showed a highly positive response to this development. Many of them were said to have considered this great news, and others even said they are now ready to register and do business using BitPanda’s crypto platform.
New Milestone in Europe Region
In any case, the company’s deputy chief executive officer, Lukas Enzersdorfer-Konrad, said that their registration in Norway truly marks another important milestone in their quest for European expansion. CoinTelegraph reported that BitPanda also holds a virtual asset service provider license in Austria, Germany, France, Czechia, and Sweden.
“It is obvious that we in Europe need an investment platform that we can trust. At Bitpanda, we have set out to be that platform,” Lukas said. “Over the last 12 months, we have been the only European provider to receive licenses in Germany, Sweden, and Norway and we now have more than 4 million users and enable Europe’s leading financial institutions and neobanks to offer digital assets.”
Meanwhile, having a VASP license in Norway shows BitPanda’s commitment to operate as a regulated broker in any country. Being a license holder also reflects the crypto exchange’s sincerity in wanting to offer only secure and safe trading services to its users.
Photo by: BitPanda Press Material
