Bitpanda, an Austrian cryptocurrency platform, is extending its services in the UK following regulatory approval from the Financial Conduct Authority (FCA). The approval allows Bitpanda to offer over 500 cryptocurrencies to UK investors, similar to its offerings in the European Union. The deputy CEO, Lukas Enzersdorfer-Konrad, emphasized that the range of services available will include staking, savings plans, and more. This expansion is significant as Bitpanda had previously suspended onboarding new users in the UK in 2023 due to regulatory changes. The FCA's approval signifies a major step forward, enabling Bitpanda to continue its growth in the cryptocurrency market. While the platform will not list UK-specific coins, it aims to provide a diverse selection of cryptocurrencies, consistent with its European operations. Currently, Bitpanda has been providing crypto custody services for business clients in the UK since 2021, ensuring compliance with local regulations and maintaining a local team.

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