Austrian cryptocurrency platform Bitpanda has unveiled plans to launch in the UK after securing approval from the UK’s Financial Conduct Authority (FCA).
Alongside its recently acquired MiCAR license for Crypto Asset Service Providers across the EU, this further strengthens Bitpanda’s foothold in the broader European market.
The company plans to reopen its UK office and expand its team to develop products tailored for British investors.
As part of the deal Bitpanda is bringing its suite of crypto products to the UK.
For retail investors, it means access to 500+ cryptocurrencies – the widest selection of cryptocurrencies available on the market on one secure platform. Access to Bitpanda staking provides the ability to earn rewards on digital assets.
Further, users can set up automatic asset purchases on a weekly, biweekly, or monthly basis, creating a “set-and-forget” strategy, while the Bitpanda crypto indices provide a simple way for investors to diversify portfolios.
Banks, financial institutions, and crypto platforms can now integrate Bitpanda’s regulated infrastructure into their offerings, and therefore major banks and fintechs in the UK can seamlessly offer crypto trading, investment, and custody services with full regulatory oversight.
According to a statement released by the company, Bitpanda is setting a new standard for what a fully compliant crypto platform should look like.
Eric Demuth, CEO and Co-Founder of Bitpanda, commented:
“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. We’re ready to welcome British investors and take Bitpanda to the next level.”
Bitpanda grew from 1 million users in 2019 to 6 million in December 2024.
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