Austrian crypto unicorn Bitpanda has received approval from the UK's Financial Conduct Authority (FCA) to operate in the UK, marking a major milestone in the regulation of European cryptocurrency platforms.
This approval, along with the recently acquired MiCAR license, allows Bitpanda to expand its offerings in the UK, including betting, savings schemes, and cryptocurrency indices. CEO Eric Demuth stressed that entering the UK market is essential to serving a wider European audience.
The move will provide UK retail investors with a wider range of cryptocurrency and investment options, while enabling Banks and Financial Institution Groups to integrate Bitpanda's regulated infrastructure into their services.
Austrian crypto unicorn Bitpanda has received approval from the UK Financial Conduct Authority
2025-02-13 00:18:05
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