Bitpanda Fined in Austria's First Published MiCA Penalty

Bitpanda Fined in Austria's First Published MiCA Penalty

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Bitpanda has been fined in Austria, marking the country's first public penalty under the Markets in Crypto-Assets (MiCA) regulation. The Austrian Financial Market Authority (FMA) stated that Bitpanda breached MiCA rules concerning crypto white papers and marketing communications, with the decision now finalized.

Bitpanda fined in Austria’s first published MiCA penalty

The FMA said Bitpanda breached MiCA rules on crypto white papers and marketing communications, with the decision now final.