Austrian cryptocurrency platform Bitpanda is expanding its services in the UK after receiving approval from the Financial Conduct Authority (FCA). The firm announced that it can now offer over 500 crypto assets in the UK, mirroring its offerings in the European Union. Deputy CEO Lukas Enzersdorfer-Konrad emphasized that the UK services, including brokerage, staking, and savings plans, will remain consistent with those available in the EU. This expansion follows a period in 2023 when Bitpanda halted onboarding new users in the UK due to regulatory changes in crypto marketing rules. With this new approval, Bitpanda aims to enhance access for existing UK investors while it had previously maintained a custody service since 2021. Enzersdorfer-Konrad also noted the continuous expansion of their crypto range, stating there are no specific plans to list UK-exclusive coins, focusing instead on providing a broad selection similar to their EU operations. Additionally, Bitpanda will not offer Tether’s USDt in the UK or EU markets due to compliance issues.

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