Austria fines Bitpanda €70,000 for MiCA compliance breaches

Austria's Financial Market Authority has fined the Vienna-based cryptocurrency platform Bitpanda 70,000 euros for multiple violations of the European Union's Markets in Crypto-Assets Regulation. The penalty, finalized on August, 17, 2026, represents the first published final enforcement action by the Austrian regulator under the MiCA framework.

The FMA found that Bitpanda failed to submit a required crypto-asset white paper to the regulator at least 20 working days before its planned publication, breaching MiCA's disclosure rules. The company also distributed marketing material for the asset before the mandatory white paper was published. In a separate marketing communication, Bitpanda omitted legally required disclaimers stating that the material had not been reviewed or approved by a competent authority and that the company was solely responsible for its contents. That communication also lacked a required telephone number and email address.

The proceedings were concluded through an expedited procedure, resulting in a final penalty decision. In a statement, Bitpanda said the issues related exclusively to the timing and formal requirements surrounding the white paper publication...