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Austria's FMA fines Bitpanda €70,000 in first published MiCA penalty
Austria's Financial Market Authority (FMA) has fined crypto broker Bitpanda €70,000 — approximately $81,000 — marking the first publicly disclosed penalty issued under the EU's MiCA regulation. The fine was issued for failures related to white paper disclosures and marketing communications. The case signals that MiCA enforcement is now active across the EU.
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