BitPanda, an Austrian cryptocurrency exchange, has secured regulatory approval from the UK’s Financial Conduct Authority (FCA). This authorization permits BitPanda to legally offer crypto-related services to UK-based investors.
The company, headquartered in Vienna, achieved this milestone by demonstrating adherence to the UK’s stringent anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. Compliance with these standards was a key requirement for obtaining FCA registration.
Beyond offering services, the FCA approval also grants BitPanda the ability to advertise its offerings within the UK market. However, the exchange must continue to abide by specific advertising guidelines to maintain its compliance and operational status. This move signifies BitPanda’s commitment to expanding its reach within a regulated framework.
