Bitpanda Expands Crypto Reach Through Raiffeisen Partnership and Dubai Office
Bitpanda partners with Raiffeisen and opens a Dubai office, leveraging regulatory clarity in Europe and the UAE to fuel crypto adoption.

Bitpanda partners with Raiffeisen and opens a Dubai office, leveraging regulatory clarity in Europe and the UAE to fuel crypto adoption.
Raiffeisen Bank, a venerable Austrian financial institution with $215 billion in assets, is set to introduce cryptocurrency trading services for retail clients in Vienna by January 2024, in partnership with Bitpanda. The move reflects the bank's strategic foray into the crypto realm, targeting digitally savvy customers with a preference for modest investments and emphasizing the increasing adoption of cryptocurrencies in regions with clear regulatory frameworks.
Authorities are taking note of crypto scams and potential ways to deal with them.
Cryptocurrency regulation is getting more challenging in the United States following several cases of fraud and crashes of crypto-related firms.
A range of sketches show the changes the fraudster might have endured to evade capture.
Crypto scams involving bogus giveaways have grown into a black market industry of sorts with several services designed to support fraudulent activities.
Witnessing the crypto crashes over the past several weeks from a front-row seat, Bitpanda made the “tough decision” of cutting down its employee headcount to roughly 730 people.
Previously, the Austrian company has obtained licenses in France, Italy, Sweden and Czech Republic.
Google's threat analysis team attributed the attacks to a group of hackers recruited in a Russian-language forum to sell hacked YouTube channels to the highest bidder.
Viewers of the documentary, especially those who knew the full story, resonated with the founder's conspiracy theory of faked deaths.