Bitget Appoints New CEO for European Division
Bitget, a prominent cryptocurrency exchange, has announced the appointment of Oliver Stauber as the new Chief Executive Officer for its European division, Bitget EU. This decision comes as part of Bitget’s strategy to establish a compliant operational base in Vienna, Austria, where it will set up its European headquarters.
Strategic Move Amid Regulatory Changes
This move is timely amidst the impending enforcement of the European Union’s Markets in Crypto-Assets Regulation (MiCA), designed to standardize the regulatory approach towards digital asset services within the EU.
The new headquarters in Vienna will not only serve as a hub for Bitget’s operational activities but will also focus on ensuring effective regulatory engagement and overseeing compliance ahead of the MiCA framework’s rollout. The Austrian office is expected to play a crucial role in maintaining governance standards and facilitating supervisory functions across the European Economic Area (EEA).
Leadership and Vision
Oliver Stauber brings extensive expertise in regulatory and legal aspects of financial services and digital assets, having previously held senior positions at KuCoin EU Holding GmbH and Bitpanda, where he contributed significantly to the company’s compliance and legal strategies.
Gracy Chen, CEO of Bitget, expressed confidence in Stauber’s leadership, emphasizing his capacity to navigate regulatory challenges and foster the company’s governance-focused approach within the MiCA context.
In a statement, Stauber remarked on how MiCA is reshaping the landscape for digital asset providers in Europe, underscoring the need for enhanced risk management and operational integrity.
He envisions that the Vienna headquarters will develop a solid, scalable framework that aligns with EU regulations and adequately meets the needs of users in the EEA.
Industry Trends and Compliance
This development at Bitget follows a broader trend among digital asset companies in Europe, with many, including Binance, actively seeking regulatory approvals in anticipation of the upcoming compliance deadlines. With the transitional period set to conclude in June 2026, firms are being pressed to secure licenses in order to operate within the new regulatory environment.
