Austrian crypto unicorn Bitpanda has been approved by the UK Financial Conduct Authority (FCA) to operate in the UK, an important milestone in regulation for European cryptocurrency platforms. This approval, along with the recently obtained MiCAR license, allows Bitpanda to expand its products in the UK, including bets, savings plans and cryptocurrency index. CEO Eric Demuth stressed that entering the UK market is crucial to serving a wider European audience. The move will provide UK retail investors with a wider range of cryptocurrencies and investment options, while enabling banks and financial institutions to integrate Bitpanda’s regulated infrastructure into their services.