Bitget Appoints Former Bitpanda Legal Chief to Establish Vienna Hub

Bitget plans to secure MiCA approval in Austria by 2026, aiming for a broker-led model with stringent asset criteria for users in Europe.

Bitget, a prominent player in the cryptocurrency exchange arena, has announced the hiring of Oliver Stauber, the former legal chief at Bitpanda. This strategic move is aimed at establishing a hub in Vienna dedicated to compliance with the Markets in Crypto-Assets (MiCA) regulation.

The company anticipates that Austria will grant MiCA approval by mid-2026. Their approach will involve a broker-led framework, coupled with rigorous asset standards tailored for European users. With this initiative, Bitget aims to enhance its regulatory compliance while fostering trust among its clientele in the European market.