€70,000 FINE: MiCA ENFORCEMENT HAS BEGUN.

Austria’s FMA fined #Bitpanda €70,000 over breaches involving its crypto white paper and marketing disclosures.

Bitpanda says the issues were related to timing and formal requirements and have since been fixed.

The bigger signal?

#MiCA is moving from regulation on paper to real enforcement.

#Web3 #CryptoNews #DigitalAssets