Bitpanda has received approval from the UK’s Financial Conduct Authority (FCA) to expand its operations into the British market.
The Austrian-based platform announced the significant milestone on February 12, 2025.
Bitpanda Ushers in a New Era for UK Crypto Investors
The FCA approval positions it to offer British investors access to over 500 cryptocurrencies, making it the most extensive selection available on a single secure platform in the UK.
Besides broadening the horizon for UK crypto investors, it introduces a range of innovative services, including staking, savings plans, and crypto indices.
The company plans to reopen its office in the country and grow its local team to enable it to develop products tailored specifically for the UK market.
This ensures that British investors have access to services that meet their unique needs and preferences.
In addition to the FCA license, it already holds several other permits, including a MiCAR license from the German regulator BaFin, a PSD2 E-money license, a MiFID II license, and registrations as a VASP across multiple markets.
By following a regulatory-first approach, it has positioned itself as one of the world’s most trusted platforms for secure and compliant cryptoasset investing.
Bitpanda also plans to introduce its infrastructure solutions to the UK through Bitpanda Technology Solutions (BTS).
This aims to enable UK banks, financial institutions, and crypto platforms to integrate Bitpanda’s regulated infrastructure into their offerings, enabling seamless trading, investment, and custody services.
Impact on the UK Crypto Economy
Bitpanda’s wide range of offerings and strong regulatory standing could accelerate the adoption of cryptocurrencies among British investors and institutions.
Furthermore, securing approval from one of the world’s most respected financial regulators demonstrates the possibility of innovating in the crypto space while adhering to strict regulatory standards.
This development sets a new standard for a modern, trustworthy crypto platform. It combines a wide range of crypto offerings with stringent regulatory compliance.
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