Bitstamp, one of the largest crypto exchange, based in Luxembourg, London and New York, has officially registered with the Financial Markets Authority in France after Spain and Italy.
According to regulator’s website, Bitstmap will be able to provide Crypto custody, trading, buy/sell services in the France complying with money laundering norms.Â
The exchange joins Binance, Bitpanda and Société Générale in securing recognition from one of the most sophisticated regimes in the EU.The company is “very proud” of its new status as a virtual asset provider in France.
The European crypto sector is currently awaiting the arrival of the EU’s MiCA, which imposes tough reserve and investor information requirements on crypto services such as wallets and exchanges.
Also read: European Union Delays Vote on MiCA to April
