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Reading: BitStamp will expand in Europe with CASP licenses under MICA
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BitStamp will expand in Europe with CASP licenses under MICA

May 18, 2025 3 Min Read
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BitStamp will expand in Europe with CASP licenses under MICA

Table of Contents

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  • What’s particular about CASP licenses?
  • Elevate the bar for compliance

  • BitStamp secures a CASP license beneath MICA, permitting crypto transactions, custody and order execution throughout the EU and EEA.

  • Licensing strengthens Bitstamp’s compliance edge, paving the way in which for safe cryptographic companies for each European retail and institutional customers.

Bitstamp, the world’s longest working crypto alternate, has formally secured its Crypto Asset Service Supplier (CASP) license beneath the EU’s new MICA framework. Licenses authorized by CSSF, the Luxembourg monetary regulator, enable BitStamp to function buying and selling platforms, execute consumer orders, and supply cryptographic supervision companies to the European Union and your complete European economic system.

BitStamp is authorized for CASP license beneath MICA! As a result of we had been doing that from the start. 🤝

Particulars: https://t.co/ycxvnrew3z

Below this license, BitStamp is at the moment absolutely licensed to function a mica-regulated buying and selling platform and supply Crypto Custody and…pic.twitter.com/rlah459fje.

– BitStamp (@bitstamp) Might 16, 2025

What’s particular about CASP licenses?

This CASP license is a part of MICA’s regulatory framework designed to make cryptography safer and dependable throughout Europe. BitStamp already has a MiFID license and may function Multilateral Buying and selling Facility (MTF), a platform for buying and selling a number of varieties of monetary belongings. At the moment, a CASP license and European passport enable BitStamp to broaden crypto companies extra extensively and legally throughout Europe.

With this approval, BitStamp can now function in all international locations within the European Union (EU) and the European Financial Space (EEA). The CASP license permits the corporate to run buying and selling platforms, run customers’ Crypto Commerce and securely retailer it on behalf of Crypto-Belongings.

See also  Revealing a remarkable performance of the second quarter

Elevate the bar for compliance

Bitstamp CEO Jean-Baptiste Graftieaux praised Mica’s excessive requirements and referred to as it a giant win for investor safety. He added that Mica’s strict guidelines make this approval much more essential, permitting BitStamp to supply European clients a extremely dependable, protected crypto expertise.

With world licenses already beneath its belt, BitStamp continues to steer regulatory compliance. Exchanges are identified for following the KYC course of, guaranteeing excessive safety and defending customers’ belongings. Just lately, we now have up to date our Stablecoin merchandise to indicate how rapidly we will adapt to new rules according to Mica guidelines.

BitStamp plans to go additional. It goals to broaden its companies to each retail and institutional traders throughout the EU, and is actively working to accumulate extra licenses in different essential markets.

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Reading: BitStamp will expand in Europe with CASP licenses under MICA
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