OANDA, under CVC Capital ownership, has launched OANDA Crypto in the UK.

The new platform allows trading in over 63 cryptocurrency pairs.

OANDA Crypto is regulated by the UK's Financial Conduct Authority, focusing on anti-money laundering compliance.

The launch is part of OANDA's strategy to tap into the UK's growing cryptocurrency market following its acquisition of Coinpass.

OANDA plans to expand its crypto services by adding more tokens and features throughout the current year.

The company is enhancing the accessibility of crypto trading in the UK with a user-friendly app.

Beyond cryptocurrencies, OANDA offers CFD trading, foreign exchange data, and cross border payment services in the UK.

OANDA's UK market entry indicates its confidence in the potential of the local market despite existing regulatory hurdles.