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Late last year, the South Korean cryptocurrency exchange was reported to be considering listing its shares on Kosdaq.

Bitpanda’s crypto offering in partnership with Raiffeisen Bank has been extended beyond Vienna to 55 bank branches across Austria

The business has a number of positive catalysts including its smart wallet Coinbase Prime, layer-2 network Base and its growing international offering, the analysts said.

The company has also received approval in Dubai, U.K., the Netherlands and Spain.

Japanese exchange DMM Bitcoin outlined plans to raise $320 million to purchase bitcoin and pay back victims of last week's hack.

Companies registered in EU nations by year-end will be able to operate in those countries while they secure licenses under MiCA regulations that take effect at the end of the year.

The token will be available on both Ethereum and OP Mainnet.

Powell will start in her new role at the crypto exchange in November.

The exchange's action follows that of Huobi Hong Kong and several other applicants earlier this month.

The news about X Layer comes as other major cryptocurrency exchanges, like Coinbase and Kraken, have also pursued their own layer 2 networks over the last year.