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. What Trummer actually said Trummer’s core argument is that MiCA changed how everyday users choose where to keep their crypto. He said customers now place more trust in regulated exchanges than in non-compliant alternatives. He went further. Trummer described a notable shift among regular customers who favor the convenience and security of licensed custodians over self-custody. He also called for tighter oversight of non-compliant firms that keep operating inside the EU. Trummer framed this as a competitive issue, one that hands an advantage to exchanges that did the licensing work, in...