Global cryptocurrency exchange Bitget has significantly bolstered its European expansion efforts by appointing Oliver Stauber, a seasoned executive formerly with competitor Bitpanda, to lead its new European Union operational unit. The unit will be headquartered in Vienna, Austria, establishing a critical base for Bitget’s regulatory and business strategy within the bloc.
Stauber, who previously held senior leadership roles focused on product and operations at Bitpanda, brings extensive experience in navigating the complex European fintech landscape. In his new role, he will be responsible for overseeing Bitget’s EU regulatory strategy, ensuring compliance with the forthcoming Markets in Crypto-Assets (MiCA) regulation, and accelerating user acquisition across key European markets.
The strategic choice of Vienna underscores Bitget’s focus on leveraging Central Europe’s robust financial and technological infrastructure. Bitget stated that Stauber’s appointment is crucial to developing localized product offerings and ensuring the exchange meets the stringent requirements set by European financial authorities. This move is viewed as a vital step in transforming Bitget into a leading regulated exchange option for European retail and institutional clients, solidifying its commitment to adherence and expansion in a highly competitive region.
Source: Bitget appoints former Bitpanda executive Oliver Stauber to lead EU unit in Vienna
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