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Bitpanda Teams with Coinbase to Connect U.S. Exchange with European Banks for Crypto Services

Bitpanda, an Austrian-based crypto exchange and trading platform, has partnered with Coinbase to connect the US exchange with European banks interested in offering digital assets to their customers. The partnership will allow Coinbase to use Bitpanda Technology Solutions to connect directly with banks and fintechs. Bitpanda's COO, Lukas Enzersdorfer-Konrad, said that despite the bearish crypto market, banks in Europe are keen to offer crypto to their customers, especially now that the Markets in Crypto-Assets regulatory framework has been adopted. Bitpanda's crypto connectivity is already in place with several banks and fintech platforms.

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