On February 12, 2025, Bitpanda announced obtaining the approval of the UK’s Financial Conduct Authority (FCA) to work in the United Kingdom.
Commenting on the development, Eric Demouth, CEO and co-founder of Bitpanda, said, “Being the leading encryption platform in Europe means that it is in the United Kingdom-there was no doubt about that. This was the last missing piece to serve all Europeans. Now, our focus is clear Providing a product that meets the needs of investors in the United Kingdom.
“We are ready to welcome British investors and move Bitpanda to the next level,” Demouth said.
The Austrian Fintech Unicorn will reopen its office in the United Kingdom and expand its team to develop products designed for British investors. Through this approval, UK investors can now reach 500 cryptocurrencies of 500+ from Bitpanda, plans, savings and more plans.
Caling London-Bitpanda is now accredited by FCA and expands to the United Kingdom!
We take the safe and organized encryption platform to the next level – now completely compatible with one of the most important financial markets in the world.
UK investors can reach 500+ of encrypted currencies, tricks, … pic.twitter.com/k1qmbtjzfp
– Bitpanda (pitpanda_global) February 12, 2025
Bitpanda is free to work in 27 members of the European Union with a MICA license
Bitpanda got a MICA license on January 27, 2025, becoming the second coding service provider (CASP) to receive a MICA license from BAFIN since the fully valid frame in late last year.
The company obtained the expansion permit in the European Union from the Federal Financial Supervision Authority (BAFIN). The license is immediately valid, allowing the company to start operations across the 27 years in the United States.
The company hopes that the bitpanda license allows to simplify its complexity and cost with simplifying its operations to expand its scope in the European Union, providing a full range of services to institutional and institutions.
“This achievement is the result of the compliance and organization commitment. With Micar, we are not only the highest standards of industry, we put it,” said Lukas Enzersdorfer-Konrad, Bitpanda Vice President.
Explore: Bitpanda is free to work in 27 European Union members with a MICA license
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