Bitstamp Secures Key MiCA License – Crypto News

Crypto exchange Bitstamp has received its Crypto Asset Service Provider (CASP) license from Luxembourg’s regulator, the Commission de Surveillance du Secteur Financier (CSSF). What does MiCA license mean? The new license clears Bitstamp to legally operate in the European Union’s (EU) Market in Crypto Assets (MiCA) framework. Bitstamp wrote in an X post, “With this license, Bitstamp is now fully authorized to operate a MiCA-regulated trading platform and provide crypto custody as well as other services in compliance with MiCA, bringing even more trust and transparency to the way you trade.” Furthermore, the CASP license enables the exchange to execute orders on behalf of its customers, as well as custody crypto assets within the EU. Overall, the new license reflects Bitstamp’s plans to comply with regulatory demands in the EU. Source; X Plus, with few companies licensed under MiCA, the CASP license gives Bitstamp a significant advantage, giving retail and… Read More at Coingape.com

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