Bitpanda, a European-based bitcoin and cryptocurrency trade has knowledgeable that it’s now regulated in France. As of Friday, December 18th, 2020, Bitpanda turned registered with the AMF and due to this fact is regulated in France. Which means that Bitpanda’s providers are registered with the Autorité des marchés financiers (AMF), the Monetary Markets Authority of France.
“France is taking a particular place as a frontrunner on this area, as a typical European regulatory framework for digital belongings is within the works. As Bitpanda is an entity that’s providing providers to customers with French residency enabling them to carry, purchase and promote digital belongings akin to Bitcoin, registration with the AMF is a requirement to be in full compliance. Laws in France relating to ICOs with digital belongings went into impact in 2019 pursuant to the PACTE legislation, which was handed to guard shoppers and supply a optimistic framework for moral entities to exist and develop. The PACTE legislation was pioneering laws within the European crypto area, permitting for the popularity of significant actors within the trade and is a milestone when it comes to selling innovation and monetary expertise.”
– The Bitpanda Workforce