Tuesday, January, 21, 2025

Bitstamp Secures MiCA License for EU Crypto Expansion

Bitstamp takes a major leap in European crypto by securing a MiCA CASP license, unlocking fully regulated services across the EU and setting a new benchmark for compliance and trust in digital assets.
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Zagham Abbas

Zagham is a renowned crypto journalist known for his insightful analysis and in-depth reporting on the cryptocurrency industry.
  • Bitstamp secures a CASP license under the EU’s MiCA framework, enabling crypto services across all EU and EEA countries.
  • Approval by Luxembourg’s CSSF marks a key regulatory milestone, allowing Bitstamp to offer trading, custody, and infrastructure services in full compliance.
  • MiCA alignment boosts Bitstamp’s reputation as a leader in secure, regulated crypto operations, enhancing trust for retail and institutional users.

Bitstamp, the world’s longest-operating digital asset exchange, has officially secured its Crypto Asset Service Provider (CASP) license under the European Union’s landmark Markets in Crypto-Assets (MiCA) framework.

Approved by Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF). This license grants Bitstamp the authority to operate across the entire EU and European Economic Area (EEA). It enables the platform to execute crypto trades, offer custodial services, and run its trading infrastructure in full regulatory alignment. It marks a major milestone not just for Bitstamp but for the evolution of crypto in Europe.

The CASP license is part of the broader MiCA regulatory framework. It represents the EU’s ambitious and comprehensive attempt to bring order, transparency, and consumer protection to the fast-moving world of digital assets. Already holding a MiFID license to operate an MTF, Bitstamp sees this latest approval as a major leap forward. It significantly enhances the firm’s ability to offer regulated crypto services across Europe. With the CASP license and European passport, Bitstamp is now legally authorized to offer crypto services across Europe. This authorization applies across all EU and EEA member states.

“This is a pivotal moment for us,” said Jean-Baptiste Graftieaux, CEO of Bitstamp. “The approval under MiCA’s high regulatory standards is more than just a license; it’s a validation of our commitment to building a safe, transparent, and fully compliant crypto ecosystem in Europe.”

Furthermore, Graftieaux emphasized that MiCA’s rigorous requirements are a strong step toward investor protection. They ensure users can rely on regulated platforms that follow strict operational and security protocols.

Bitstamp Leads the Way in MiCA Crypto Regulation

Bitstamp’s track record in compliance has long been considered industry-leading. Known for its robust Know Your Customer (KYC) procedures, advanced security infrastructure, and proactive regulatory engagement, the exchange has positioned itself as a gold standard in crypto operations. The recent alignment of its stablecoin offerings with MiCA requirements further illustrates its agility in meeting evolving regulations.

This CASP license now places Bitstamp in a small, elite group of crypto companies ready to lead under the EU’s new crypto order. The firm is expected to leverage its new status to expand its services significantly. It aims to target both retail and institutional clients across the region.

Looking ahead, Bitstamp has ambitious plans. While MiCA opens the door for streamlined service expansion across Europe, the company is actively pursuing additional licenses in other key jurisdictions. Its goal: become a truly global crypto service provider with seamless compliance across continents.

“This is not the end; it’s the beginning of a new phase for Bitstamp and for European crypto as a whole,” Graftieaux said. “We’re not just ready for MiCA, we’re ready to help shape what comes next.”

Moreover, with MiCA poised to reshape the European crypto landscape, Bitstamp’s early compliance could give it a major competitive edge. As regulators increase oversight and users seek safer platforms, exchanges like Bitstamp embracing regulation may gain a key competitive edge. They could emerge as the trusted gateways to the digital asset economy.

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