On 12 February 2025, Bitpanda introduced securing UK Monetary Conduct Authority (FCA) approval to function within the UK.
Commenting on the event, Eric Demuth, CEO and Co-Founding father of Bitpanda mentioned, “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,” Demuth mentioned.
The Austrian fintech unicorn will reopen its UK workplace and increase its group to develop merchandise tailor-made for British traders. With this approval, UK traders can now entry Bitpanda’s 500+ cryptocurrencies, staking, financial savings plans and extra.
London Calling – Bitpanda is now FCA-approved and increasing to the UK!
We’re taking our safe, regulated crypto platform to the subsequent stage – now absolutely compliant in one of many world’s most vital monetary markets.
UK traders can entry 500+ cryptocurrencies, staking,… pic.twitter.com/K1qMbtJZfp
— Bitpanda (@Bitpanda_global) February 12, 2025
Bitpanda Free To Function In 27 EU Member States With MiCa License
Bitpanda obtained its MiCA license on 27 January 2025, turning into the second crypto asset service supplier (CASP) to obtain BaFin’s MiCA license for the reason that framework got here into full impact late final 12 months.
The corporate bagged the allow to increase within the EU from Germany’s Federal Monetary Supervisory Authority (BaFin). The license is efficient instantly, permitting the corporate to start operations throughout the 27 member EU states.
The corporate hopes that the license will enable Bitpanda to simplify its operation complexity and price whereas streamlining its operations to scale up within the EU, delivering its full vary of providers to retail and institutional traders.
“This achievement is the result of a decade of commitment to compliance and regulation. With MiCAR, we are not just meeting the industry’s highest standards, we are setting them”, mentioned Lukas Enzersdorfer-Konrad, Deputy CEO at Bitpanda.
Discover: Bitpanda Free To Function In 27 EU Member States With MiCa License
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