Bitpanda CEO says MiCA is tilting Europe’s crypto market toward licensed exchanges

Co-CEO Christian Trummer argues retail users now trust regulated platforms more, and that non-compliant rivals may face pressure to scale back in Europe Europe’s crypto rulebook is no longer a theory. According to Bitpanda co-CEO Christian Trummer, it is now shaping which exchanges ordinary people actually trust. In an interview with Cointelegraph, Trummer said the EU’s Markets in Crypto-Assets framework, known as MiCA, has boosted retail confidence in licensed platforms. He also raised a pointed question: whether rival exchanges that skipped the compliance work may be pushed out of Europe altogether.

Source: Crypto Briefing