Cryptocurrency exchange Bitstamp has received a Crypto Asset Service Provider (CASP) license under the EU’s MiCA regulation from Luxembourg’s Commission de Surveillance du Secteur Financier.
This license, combined with the European Passport, will allow Bitstamp to operate its trading platform, execute client orders, and provide crypto custody services across the European Economic Area.
Bitstamp’s CEO emphasized the significance of the MiCA approval for providing a secure environment for European customers and highlighted the company’s ongoing commitment to regulatory compliance and investor safety.
This CASP license adds to Bitstamp’s existing global portfolio of licenses and will enable the exchange to expand its product offerings in Europe.