BitPanda Fined €70,000 for Breaching Austria's MiCA Regulation

Austria's Financial Market Authority (FMA) has fined BitPanda €70,000 for breaching the European Union's Markets in Crypto-Assets Regulation (MiCA). This is the country's first published final penalty under MiCA.

The FMA said that Bitpanda failed to submit a required crypto-asset white paper at least 20 working days before its publication. The company also distributed marketing material before the white paper was published, and another marketing communication lacked mandatory disclosures stating that it had not been reviewed or approved by a regulator.

The penalty is final and was concluded under an expedited procedure. Bitpanda has been authorized as a MiCA-regulated crypto-asset service provider since April 2025. This fine highlights the increasing enforcement of MiCA as EU regulators move from establishing the framework to policing compliance.