Bitpanda deploys Eventus’ Validus platform 05 November 2024Austria Reporter: Jack McRae
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Bitpanda has deployed Eventus’ Validus platform to meet trade surveillance needs and legal obligations.
This deployment comes amid the demands to meet the EU Markets in Crypto Asset Regulation (MiCA) requirements.
Bitpanda has selected Eventus with the aim of leveraging automation to detect and prevent market abuse, manipulation and insider trading.
Manol Vanev, compliance officer at Bitpanda, says: “Eventus rose to the top based on a variety of factors, including its state-of-the-art solution, strong reputation and extensive experience with many of the world’s largest digital asset firms, broad track record in traditional finance with other asset classes, and expertise in markets and regulation.”
Eventus CEO Travis Schwab adds: “Bitpanda understood the benefit of getting ahead of regulation and putting in place all the pieces to ensure a robust, scalable trade surveillance environment that can easily adapt to meet its needs as the company grows, adds new asset classes and confronts a rapidly changing regulatory landscape.”
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Image: stock.adobe.com/Rudi1976 