Cryptocurrency exchange Bitpanda expands partnership with Austrian bank Raiffeisen and opens Dubai office

Lukas Konrad, Vice President of Bitpanda, says the European Union’s commitment to regulatory clarity is translating into adoption. The Raiffeisen partnership, which launched a few months ago for clients in the capital Vienna, has seen a 10% adoption rate, with purchases mainly made by new investors. He said large cryptocurrencies such as Bitcoin or Ethereum tokens are needed.