BitStamp secures a CASP license underneath MICA, permitting crypto transactions, custody and order execution throughout the EU and EEA.
Licensing strengthens Bitstamp’s compliance edge, paving the best way for safe cryptographic companies for each European retail and institutional customers.
Bitstamp, the world’s longest working crypto change, has formally secured its Crypto Asset Service Supplier (CASP) license underneath the EU’s new MICA framework. Licenses authorized by CSSF, the Luxembourg monetary regulator, permit BitStamp to function buying and selling platforms, execute shopper orders, and supply cryptographic supervision companies to the European Union and your entire European economic system.
BitStamp is authorized for CASP license underneath MICA! As a result of we had been doing that from the start. 🤝
Particulars: https://t.co/ycxvnrew3z
Below this license, BitStamp is at present absolutely approved to function a mica-regulated buying and selling platform and supply Crypto Custody and…pic.twitter.com/rlah459fje.
– BitStamp (@bitstamp) Could 16, 2025
What’s particular about CASP licenses?
This CASP license is a part of MICA’s regulatory framework designed to make cryptography safer and dependable throughout Europe. BitStamp already has a MiFID license and might function Multilateral Buying and selling Facility (MTF), a platform for buying and selling a number of forms of monetary property. Presently, a CASP license and European passport permit BitStamp to increase crypto companies extra extensively and legally throughout Europe.
With this approval, BitStamp can now function in all international locations within the European Union (EU) and the European Financial Space (EEA). The CASP license permits the corporate to run buying and selling platforms, run customers’ Crypto Commerce and securely retailer it on behalf of Crypto-Belongings.
Increase the bar for compliance
Bitstamp CEO Jean-Baptiste Graftieaux praised Mica’s excessive requirements and known as it a giant win for investor safety. He added that Mica’s strict guidelines make this approval much more essential, permitting BitStamp to supply European prospects a extremely dependable, protected crypto expertise.
With world licenses already underneath its belt, BitStamp continues to guide regulatory compliance. Exchanges are recognized for following the KYC course of, guaranteeing excessive safety and defending customers’ property. Not too long ago, we’ve got up to date our Stablecoin merchandise to indicate how rapidly we will adapt to new rules in keeping with Mica guidelines.
BitStamp plans to go additional. It goals to increase its companies to each retail and institutional traders throughout the EU, and is actively working to accumulate extra licenses in different key markets.
