Austrian crypto platform Bitpanda is set to expand its operations in the UK following regulatory approval from the Financial Conduct Authority (FCA).
Bitpanda has announced it has received the green light to offer more than 500 crypto assets in the UK.
The approval also allows Bitpanda to offer various cryptocurrency services to UK investors, such as staking, savings plans and crypto-indexes.
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This expansion in the UK is a significant achievement for Bitpanda, especially after it paused onboarding new users in the country in 2023.
The pause was a reaction to changes in UK crypto marketing regulations, as the FCA introduced a stricter Financial Promotions Regime in October 2023.