🔥 Key Takeaways
- Bitget has hired Oliver Stauber, former legal chief of Bitpanda, to lead the development of a new Vienna-based MiCA hub.
- The hub aims to secure MiCA approval in Austria by mid-2026, focusing on a broker-led model and stringent asset standards for European users.
- This strategic move underscores Bitget’s commitment to regulatory compliance and expanding its presence in the European market.
Bitget Hires Ex-Bitpanda Legal Chief Oliver Stauber to Build Vienna MiCA Hub
Bitget, a leading global cryptocurrency platform, has announced the hiring of Oliver Stauber, the former legal chief of Bitpanda, to spearhead the development of a new Vienna-based hub focused on the Markets in Crypto-assets (MiCA) regulation. This strategic move is part of Bitget’s broader efforts to enhance its regulatory compliance and expand its footprint in the European market.
Stauber’s appointment comes at a crucial time as the European Union (EU) is set to implement MiCA, which is expected to provide a comprehensive regulatory framework for crypto-assets. Bitget EU has set an ambitious target of securing MiCA approval in Austria by mid-2026. The new Vienna hub will adopt a broker-led model, ensuring that all assets listed and traded meet the highest standards of security and transparency.
Oliver Stauber, who brings extensive experience in navigating the complex legal and regulatory landscape of the crypto industry, is well-suited to lead this initiative. His expertise will be crucial in ensuring that Bitget’s operations in Vienna align with the stringent requirements of MiCA.
Stauber commented on his new role, stating, “I am excited to join Bitget and contribute to the development of our Vienna MiCA hub. The European market is poised for significant growth in the crypto sector, and securing MiCA approval will be a key milestone in our journey. We are committed to setting the highest standards for asset quality and regulatory compliance.”
Bitget’s focus on a broker-led model and strict asset standards reflects its commitment to providing a secure and trustworthy environment for European users. This approach is expected to build trust and confidence among both retail and institutional investors, further solidifying Bitget’s position as a leading player in the European crypto market.
The development of the Vienna MiCA hub is part of Bitget’s broader strategy to expand its global presence and leverage regulatory compliance as a competitive advantage. By aligning with MiCA, Bitget aims to create a robust and sustainable framework for its operations in Europe, ensuring long-term growth and stability in the face of evolving regulatory landscapes.