OANDA Opens FCA-Registered Crypto Trading Platform in the UK

U.S.-based forex pioneer OANDA is opening a cryptocurrency trading platform in the UK, registered with the country’s regulator, the Financial Conduct Authority (FCA), based in London and dubbed OANDA Crypto. It’s the summation of last year’s acquisition of a majority stake in FCA-registered crypto firm Coinpass, and will offer trading in over 63 cryptocurrency pairs, including Bitcoin, Ether, and Ripple, with plans to add more tokens and features over the course of the year, the company said. While some crypto-focused companies tend to stay away from places like the U.S. and other heavily regulated jurisdictions, this was an attractive feature for OANDA, said the firm’s head of digital assets Lucian Lauerman.

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