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MiCA vs Noncompliant Firms: Bitpanda Co-CEO Wants Tougher Enforcement

2026-10-02

Christian Trummer, co-CEO of Bitpanda, says crypto users in Europe now trust regulated platforms more because of MiCA, the European Union's crypto rulebook. He spoke on Cointelegraph's Chain Reaction, and the article was published on October 2, 2026.

Trummer also asked for stricter enforcement against firms that do not comply with MiCA. So he is setting regulated platforms, which includes his own company, against firms that operate outside the rules.

The report does not say which firms Trummer means. It does not name any regulator, give a deadline, or describe a specific enforcement step. It also gives no survey or data behind the claim that trust has gone up. All we have is his view as a company executive.

For anyone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, the direct effect today is nothing. The report names none of these exchanges and announces no rule change, so it does not change funding rates, trading fees or liquidity on them. Costs would only change if an enforcement action actually hit a venue someone trades on, and nothing like that has been reported.

Source: cointelegraph — European crypto users have ‘more faith’ in regulated firms under MiCA: Bitpanda co-CEO

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