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Bitstamp Gets BitLicense After a Three-Year Struggle to Complete Procedure

Published 04/10/2019, 06:00 AM
Updated 04/10/2019, 07:22 AM
© Reuters.   Bitstamp Gets BitLicense After a Three-Year Struggle to Complete Procedure
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Bitstamp, the Luxembourg-based cryptocurrency broker and exchange platform, has received a BitLicense, the business license from the New York State Department of Financial Services. This will allow Bitstamp to continue offering services in the USA, as well as expand in New York, the company announced.

Bitstamp is one of the trusted exchanges where the Bitcoin (BTC) markets are used to set the pricing for CME futures, along with other spot markets on Coinbase, Kraken, ItBit and Gemini.

“Obtaining a BitLicense is a key element in ramping up our presence in the United States, especially when it comes to working with institutional investors,&r...

This article appeared first on Cryptovest

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