Bitpanda to Stop Serving Dutch Residents Due to Regulatory Compliance

Vienna-based crypto exchange Bitpanda will be removing Dutch residents from its platform in order to comply with local regulations, according to an email sent by the company on Tuesday. The move is in line with Bitpanda's commitment to cooperate with the latest regulatory landscape as dictated by local regulators. The Netherlands is a member of the European Union, which recently passed its markets in Crypto Asset legislation (MiCA) allowing companies to apply for a single license in one EU country and work across the EU.