Bitpanda Wins Approval to Expand its Operations in the UK

Bitpanda has achieved a significant regulatory milestone by receiving approval from the UK’s Financial Conduct Authority (FCA) to operate in the United Kingdom.

Alongside a recently acquired MiCAR license, this approval enables the European cryptocurrency platform to broaden its offerings in the UK, including services like staking, savings plans, and crypto indices.

CEO Eric Demuth emphasized that entering the UK market is a vital move for the company as it seeks to reach a wider European audience.

As part of this expansion, Bitpanda intends to enhance its product range for British investors and plans to reopen its UK office as well as expand its team.