In a major regulatory milestone, Bitstamp has become one of the first cryptocurrency exchanges to receive a Crypto Asset Service Provider (CASP) license under the EU’s Markets in Crypto-Assets (MiCA) framework. Approved by Luxembourg’s financial regulator (CSSF), this license grants Bitstamp a European Passport, allowing it to operate across the European Economic Area (EEA) with expanded services.
What This Means for Bitstamp & EU Crypto Users
Full Compliance: Bitstamp can now legally offer crypto trading, order execution, and custody services under MiCA’s strict standards.
European Expansion: The “passporting” feature enables seamless operations in 30+ EEA countries without additional approvals.
Investor Protection: MiCA’s rules prioritize consumer safeguards, including transparency and reserve requirements.
CEO Statement:
“This license reinforces our commitment to secure, compliant crypto services for European customers. MiCA’s clarity helps build trust in the industry.”
Why MiCA Approval Matters
- Regulatory Clarity: MiCA establishes uniform rules for crypto firms in the EU, replacing fragmented national laws.
- Competitive Edge: Bitstamp joins an elite group of fully licensed exchanges, boosting credibility vs. unregulated platforms.
- Future Growth: Enables Bitstamp to expand products, like staking or institutional services, under a clear framework.
The Bigger Picture
Bitstamp’s approval sets a precedent for other exchanges (Coinbase, Kraken) seeking MiCA licenses. As the 2025 MiCA deadline approaches, more crypto firms will need to comply—or risk exiting the EU market.
What’s Next? Expect Bitstamp to leverage this license for new EU-focused offerings, potentially influencing crypto adoption across Europe.
