On February 12, 2025, Bitpanda announced the securing of the approval of the Authority Conduct (FCA) to operate in the United Kingdom.
Commenting on development, Eric Demuth, CEO and co-founder of Bitpanda, said: “Being the main European cryptographic platform means being in the United Kingdom-there was no doubt. It was the last missing piece to really serve all Europeans. Now our goal is clear: to deliver a product that meets the needs of British investors. »»
“We are ready to welcome British investors and get Bitpanda to the next level,” said Demuth.
The Austrian Unicorn Fintech will reopen its British office and expand its team to develop products adapted to British investors. With this approval, British investors can now access 500+ Bitpanda cryptocurrencies, savings plans and more.
London Calling – Bitpanda is now approved by the FCA and expands in the United Kingdom!
We take our secure and regulated cryptographic platform at the next level – now fully in accordance with one of the most important financial markets in the world.
British investors can access more than 500 cryptocurrencies, development, etc. pic.twitter.com/k1qmbtjzfp
– Bitpanda (@bitpanda_global) February 12, 2025
Bitpanda for free to operate in 27 EU member states with Mica license
Bitpanda received its Mica license on January 27, 2025, becoming the second cryptographic asset service provider (CASP) to receive the MACA de Bafin license since the framework came into force at the end of last year.
The company has implemented the permit to develop in the EU of the Federal Financial Supervision Authority of Germany (Bafin). The license comes into force immediately, allowing the company to start operations in the States 27 EU members.
The company hopes that the license will allow Bitpanda to simplify its complexity and operating costs while rationalizing its operations to develop in the EU, offering its full range of services to retail and institutional sales investors.
“This achievement is the result of a decade of commitment to compliance and regulation. With Micar, we do not only meet the highest standards in the industry, we set them, “said Lukas Enzersdorfer-Konrad, assistant CEO of Bitpanda.
Explore: Bitpanda for free to operate in 27 EU member states with Mica license
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