European crypto platform Bitpanda has received approval from the Financial Conduct Authority to broaden its operations in the UK.
This decision will provide British investors access to Bitpanda’s extensive range of over 500 cryptocurrencies, as well as staking options, savings plans, and crypto indices. With over six million users, Bitpanda already holds a MiCAR license from the German regulator BaFin, a PSD2 E-money license, a MiFID II license, and registrations as a Virtual Asset Service Provider (VASP) in multiple markets.
Eric Demuth, CEO of Bitpanda, stated, “Being Europe’s leading crypto platform means being in the UK—there was no question about it. This was the last missing piece to truly serve all Europeans. Now, our focus is clear: deliver a product that meets the needs of UK investors.”