Bitpanda recently revealed that it will soon be able to offer their full range of products and services to users residing in the UAE, supported by their commitment to regulation in Europe and, as they expand, into the MENA region and other jurisdictions.
The expansion follows a series of moves in the MENA region, including the establishment of their Dubai office at the DMCC Crypto Centre, and the signing of partnerships with FIs such as The National Bank of Ras Al Khaimah (RAKBANK) and CoinMENA, one of the UAE’s licensed crypto platforms.
Receiving approval from VARA so quickly is a testament to our commitment to operating in accordance with the highest regulatory standards, “while actively supporting the global adoption of digital assets.”
Bitpanda revealed that they have a strong track record as Europe’s most regulated crypto platform and a reputation for “meeting and exceeding regulatory requirements.”
The digital assets firm are now ready to offer the same “trusted” access to digital assets to investors “across the UAE and, ultimately, the wider region.”
According to Bitpanda, the UAE’s forward-thinking regulatory framework and status as a global digital asset hub “make it the ideal choice for our first step outside of Europe.”
VARA’s robust regulatory guidelines foster innovation while prioritizing investor protection—core principles that align “with their mission to offer access to digital assets worldwide.”
Eric Demuth, Co-Founder and CEO of Bitpanda said:
“In Europe, we have built a reputation as the most trusted and regulated digital asset platform. Now, we are scaling this proven model globally, with Dubai and the UAE serving as our strategic launchpad for international expansion. The opportunities are immense, and we are uniquely positioned to seize them – both as Europe’s leading crypto broker and as a top infrastructure provider in the digital assets space.”
This is just the beginning, according to the update from Bitpanda.
As they expand into the Middle East, they are taking a “decisive step toward a truly global presence.”
Bitpanda added that they will continue to work hard to provide industry-leading and fully compliant financial services.
Bitpanda concluded that only by doing so will they manage to equip retail investors and businesses with the tools they need to “build an independent financial future.”