BitStamp Obtains License to Run Bitcoin Exchange in Europe
BitStamp has become the first bitcoin company to receive a national financial services license. Internationally renowned Bitcoin exchange BitStamp today announced that it has become a fully-regulated payment institution in Luxembourg. The Slovenia-based bitcoin exchange confirmed being the world’s first-ever digital currency firm to have obtained a national license, thereby enabling people to legally trade Bitcoin against the fiat currencies across all the 28 European countries. It became possible due to a treat program between the European nations, which allows finance service providers....
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European bitcoin exchange Bitstamp has become the first fully licensed bitcoin exchange in Europe. The license will go into effect on July 1st and marks the first time that a bitcoin exchange acquires the license as a fully regulated payment institution, in the world. Bitcoin exchange Bitstamp has gained the license to operate as a payment institution across the European Union, all 28 countries of it. The license, which begins July 1st means that Bitstamp will officially be the first nationally licensed Bitcoin exchange in the world. The license was signed and granted by Luxembourg’s....
PRESS RELEASE. CoinDeal is pleased to announce that it is now the first publicly known company to have obtained a Class 4 Virtual Financial Assets License in Principle Approval from the Malta Financial Services Authority (MFSA). The exchange received the letter on 16 December, 2020. This allows CoinDeal to provide the following VFA services to both Experienced and Non-Experienced investors: Operation of a VFA Exchange, Dealing on own account and Holding and controlling of clients’ assets and money. In-principle approval means that the exchange received ‘in-principle....
Long one of the world's more prominent bitcoin exchanges, Bitstamp received a publicity boost today with the news that it had been granted a license to operate as a fully regulated payment institution (PI) in Luxembourg. In statements, Bitstamp touted the license as one that enables it to become the first "fully licensed" bitcoin exchange in Europe. The news, which had been rumored for weeks, received varying reactions from market observers, with remarks divided between those who saw Bitstamp’s license as a boon for an industry still trying to shake its association with crime,....
One of the world’s largest bitcoin exchanges is reportedly close to announcing 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....
The Central Bank of Ireland recently granted Facebook Payments International Limited (FBPIL) an e-money license, which effectively allows Facebook to facilitate peer-to-peer payments on its platform. Since Ireland is one of the member nations of the European Union (EU), Facebook is authorized to operate as a money transmitter in all of the EU states. On Oct. 24, Facebook was granted an e-money license in the EU, which meant that the company could roll out the same feature US-based consumers currently use: an embedded payment solution built on top of its native messenger application. In an....