Bitget has appointed Oliver Stauber, former Bitpanda chief authorized officer and former KuCoin EU head, as CEO of Bitget EU to steer the change’s Cryptocurrency Market Regulation (MiCA) growth and set up a brand new European headquarters in Vienna.
The corporate, which utilized for a MiCA license in Austria in 2025, expects regulatory approval within the second quarter of 2026 and won’t supply providers within the European Financial Space (EEA) till it receives approval, Stauber advised Cointelegraph.
He mentioned Bitget EU is designed to ring-fence EEA customers from offshore Bitget platforms by Web Protocol (IP) tackle detection and enhanced Know Your Buyer (KYC) controls to forestall unlicensed entities from onboarding residents by geographic circumvention, advertising and marketing, or reverse solicitation.
“Oliver’s appointment will increase our confidence in BitGet’s long-term presence in Europe,” BitGet CEO Gracie Chen mentioned in a launch shared with Cointelegraph.
He added that he introduced the “essential regulatory fluency and operational self-discipline” to determine Bitget’s EU headquarters in Austria.
In line with the discharge, the brand new entity may even apply strict token itemizing standards and solely supply property that meet MiCA’s white paper, liquidity and disclosure requirements.
Oliver Stover, former head of authorized affairs at Bitpanda. Supply: Biget
“We’re at present conducting a rigorous audit of our stock,” Stauber mentioned. “Merchandise that don’t meet EU requirements for market integrity or don’t present enough shopper disclosure is not going to be provided to EEA customers.”
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Dealer fashions, greatest execution and market abuse controls
Stauber mentioned Bitget EU will function as a dealer quite than an change, performing because the counterparty to all buyer trades whereas sourcing liquidity from a wide range of unbiased suppliers based mostly on greatest execution rules.
He mentioned the “appear and feel” of the Bitget EU web site carefully mirrors the prevailing platform, however has a transparent authorized construction to scale back market dangers for patrons within the European Union, and is topic to the expectations of MiCA and the European Securities and Markets Authority concerning market integrity, in addition to nationwide conduct guidelines.
The corporate additionally plans to introduce market surveillance instruments to detect and stop market abuse and different manipulative or disorderly buying and selling.
Vienna hub helps Bitget’s long-term EU technique
Vienna was chosen as Bitget’s EU location as a result of its central location, multilingual expertise pool and steady regulatory surroundings, making it well-suited to function a governance and compliance hub for the EEA enterprise, Stauber mentioned.
Current EEA customers on Bitget’s world platform might be invited emigrate to Bitget EU upon approval, and the brand new entity will present EU-compliant providers.
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