Raiffeisen Bank to Expand Crypto Trading to 11 European Markets via Bitpanda
Raiffeisen Bank to bring crypto trading to millions in Europe
Raiffeisen Bank International (RBI), a major banking group in Austria, has announced a partnership with Bitpanda to offer cryptocurrency trading across 11 European markets. This expansion uses Bitpanda’s technical systems to let bank customers trade digital money directly through their bank accounts.
The move could eventually reach about 18 million customers across Central and Eastern Europe. Each individual bank within the Raiffeisen network will decide exactly what it offers and when it will launch based on local market rules.
Key details of the partnership
- The service will be available in 11 markets across Central and Eastern Europe.
- Bitpanda Enterprise will provide the underlying technical systems for the banks.
- The partnership potentially reaches 18 million banking customers.
- The rollout follows a previous crypto integration launched with an Austrian bank in 2024.
Official statements from bank leadership
RBI CEO Michael Höllerer stated that the bank is seeing a rise in demand for crypto assets in its various markets. He explained that as a customer-focused bank, RBI is committed to providing services that match what their customers are looking for. By partnering with Bitpanda, the bank aims to meet these needs through a familiar and regulated environment.
Regulatory compliance and history
Bitpanda is authorized under the European Union’s Markets in Crypto-Assets Regulation (MiCA). This is a set of rules that governs how digital asset companies must operate within the EU. While Bitpanda is in talks with other financial institutions about similar services, the company did not name any other specific partners at this time.
Next steps for the expansion
The expansion is currently in its early stages and will happen slowly. A spokesperson for Bitpanda confirmed that the rollout will be gradual and will depend on specific local regulations. More details are expected to be shared as the service is confirmed for each individual market.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.