Bitpanda partners with Raiffeisen Bank to expand cryptocurrency business in Austria.

according to CoinDesk, European cryptocurrency exchange Bitpanda announced on Wednesday that it has expanded its partnership with the Austrian bank Raiffeisen's subsidiary based in Vienna to provide cryptocurrency services to customers of 55 bank branches in the country.

Earlier this week, Bitpanda stated that it will open an office in Dubai, making the UAE its first expansion location outside of Europe.