News

Bitstamp to secure European license for Bitcoin exchanges

Wednesday 20 April 2016 13:24 CET | News

Bitstamp has entered a new deal with the Luxembourg government that would enable it to launch regulated and licensed services across Europe.

According to sources, Bitstamp may have secured a payment institution (PI) or electronic money institution (EMI) license from Luxembourg regulators, a move that the company has reportedly said would allow it to become the first regulated and licensed bitcoin exchange for all 28 countries in the EU.

Founded in 2013 and originally based in Slovenia, Bitstamp has long been one of Europe’s largest bitcoin startups, offering bitcoin trading and gold buying services to investors. The company is registered in the UK, the US and Luxembourg, where its Bitstamp Europe SA entity is based.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Bitcoin, mining, cryptocurrency, digital currency, online payments, online security, online transactions, BitStamp
Categories: DeFi & Crypto & Web3
Companies:
Countries: World
This article is part of category

DeFi & Crypto & Web3