💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

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
BTC/USD
-

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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.