POPA ReconAustria hands Bitpanda the first published MiCA fine
Austria hands Bitpanda the first published MiCA fine Austria's financial regulator, the FMA, has fined crypto broker Bitpanda 70,000 euros, about $81,000, in what is the country's first published penalty decision under the EU's MiCA framework. The FMA said Bitpanda published a crypto-asset white paper without submitting it to the regulator at least 20 working days in advance, as MiCA requires, and ran marketing for the asset before the paper was out and without the mandatory disclosures and contact details. The ruling is final, and Bitpanda remains authorized in Austria. The sum is tiny, bu…
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