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 stated, “Being Europe’s main crypto platform means being within the UK – there was no query about it. This was the final lacking piece to really serve all Europeans. Now, our focus is evident: ship a product that meets the wants of UK traders.”
“We’re able to welcome British traders and take Bitpanda to the subsequent stage,” Demuth stated.
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 necessary 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 acquired its MiCA license on 27 January 2025, changing into the second crypto asset service supplier (CASP) to obtain BaFin’s MiCA license because the 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 begin 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 companies to retail and institutional traders.
“This achievement is the results of a decade of dedication to compliance and regulation. With MiCAR, we’re not simply assembly the trade’s highest requirements, we’re setting them”, stated Lukas Enzersdorfer-Konrad, Deputy CEO at Bitpanda.
Discover: Bitpanda Free To Function In 27 EU Member States With MiCa License
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