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The Vienna retail platform that was the first firm Austria licensed under the crypto-asset regulation, and on 14 August 2026 the subject of the first penalty decision that authority has published under it. The fine was 70,000 euros for filing a white paper late and advertising the token before publishing it.
Bitpanda was founded in Vienna in 2014 and describes itself as an all in one place broker, selling cryptoassets, precious metals, US and European shares and exchange-traded funds, its own crypto indices and leveraged products to retail customers, with more than seven million users and more than 700 staff on its own account. Lukas Enzersdorfer-Konrad is chief executive; Eric Demuth, Paul Klanschek and Christian Trummer founded the company and Demuth is executive chairman. It sells trading, custody and tokenization infrastructure to banks and fintech companies through a separate business, and in 2025 replaced its BEST and Pantos tokens with Vision, whose white paper names Bitpanda GmbH as offeror and the VISION web3 Foundation of Zug as issuer. The Austrian Financial Market Authority authorised it as a crypto-asset service provider in April 2025, the first such authorisation the authority granted, and the group also holds licences from BaFin in Germany and the MFSA in Malta. Reporting drawn from the company's own white paper puts its 2024 net profit at about 61.7m euros against 13.6m in 2023, on a balance sheet of about 1.03bn euros, and the group's 2025 adjusted revenue at 371m euros.
Developments in which Bitpanda GmbH is a named party, newest first.
The Austrian Financial Market Authority fined Bitpanda 70,000 euros for sending a crypto-asset white paper in later than twenty working days before publication and for marketing the token before the paper was out.
The Austrian Financial Market Authority published a penalty of 70,000 euros against Bitpanda GmbH on 14 August 2026 for sending a crypto-asset white paper to it later than twenty working days before publication and for marketing failings under article 7. The proceeding was ended on an expedited basis and the decision is legally final.
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