Bitstamp bags CASP License in Luxembourg for full rollout Mica

Bitstamp is locked in its license for Mića, which makes it one of the first exchanges to operate in new in Europe.

Criptocurrenci Stock Exchange Bitstamp was approved for the provider’s license for CRIPTO Assert to a new EU Mica Rules, with Luxembourg license, giving the official green light to expand their crypto services across Europe.

License, submitted by the financial regulator of the Luxembourg Commission Deruiillance du Sekeur Finier, allows Bitstamp to offer trading, guardianship and services executable service to crypto through the European Economic Area, the exchange announced A post on blog.

Bitstamp says license approval follows recent updates that gave him to his stablecoin bids to meet Mica guidelines, although it did not share details on changes.

Approval also provides Bitstamp to use the European Passport System to expand its services throughout EU companies and further implement new permits in “key jurisdictions” and the growth of its products and their offer and institutional investors.

The license comes less than a year after the bitsstamp fastened Approval for the management of a multilateral trade facility towards the EU MIFID. Mifyd regulation, which manages traditional financial markets throughout the EU, includes inventories, securities and derivatives, which are applied to various trade platforms, investment managers and banks.