The Austrian cryptocurrency platform Bitpanda has announced its expansion in the UK after receiving approval from the Financial Conduct Authority (FCA). The company will be able to offer more than 500 crypto assets, making it one of the most diverse choices for investors in the country.

According to Lukas Enzersdorfer-Conrad, deputy CEO of Bitpanda, this approval allows the company to also offer a variety of cryptocurrency services, including staking, savings plans and cryptoindexes. This expansion is seen as an important development for the company after the temporary suspension of new user registration in 2023 in response to changes in the FCA's regulatory policy in the field of cryptomarketing, which were introduced in October 2023.

With the new approval, Bitpanda is ready to provide access to the widest range of assets on the market.