BitStamp secures a CASP license below 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 providers 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 below the EU's new MICA framework. Licenses authorised by CSSF, the Luxembourg monetary regulator, enable BitStamp to function buying and selling platforms, execute consumer orders, and supply cryptographic supervision providers to the European Union and your entire European financial system.
BitStamp is authorised for CASP license below MICA! As a result of we have been doing that from the start. 🤝
Particulars: https://t.co/ycxvnrew3z
Beneath this license, BitStamp is presently absolutely licensed to function a mica-regulated buying and selling platform and supply Crypto Custody and…pic.twitter.com/rlah459fje.
– BitStamp (@bitstamp) Might 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 may function Multilateral Buying and selling Facility (MTF), a platform for buying and selling a number of kinds of monetary property. At the moment, a CASP license and European passport enable BitStamp to broaden crypto providers extra broadly and legally throughout Europe.
With this approval, BitStamp can now function in all nations 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-Property.
Increase the bar for compliance
Bitstamp CEO Jean-Baptiste Graftieaux praised Mica's excessive requirements and referred to as it a giant win for investor safety. He added that Mica's strict guidelines make this approval much more necessary, permitting BitStamp to supply European clients a extremely dependable, protected crypto expertise.
With international licenses already below its belt, BitStamp continues to steer regulatory compliance. Exchanges are recognized for following the KYC course of, guaranteeing excessive safety and defending customers' property. Not too long ago, we’ve up to date our Stablecoin merchandise to indicate how shortly we will adapt to new rules in step with Mica guidelines.
BitStamp plans to go additional. It goals to broaden its providers to each retail and institutional traders throughout the EU, and is actively working to accumulate extra licenses in different necessary markets.