Luxembourg-based Bitstamp has become the latest cryptocurrency exchange to receive approval from French regulators. The exchange has registered with the Financial Markets Authority in France, joining other major players like Binance and Crypto.com who have already received the green light from the watchdog. Bitstamp has previously been approved by regulators in countries such as Italy and Spain.
The French monetary regulator, the Autorité des marchés financiers (AMF), has added Bitstamp to the list of approved cryptocurrency platforms that can offer products and services to French customers. Bitstamp expressed its excitement about expanding to France on its Twitter page.
Parlez-vous #crypto? 🇫🇷@Bitstamp est maintenant enregistré en France. Nous sommes ravis de vous offrir un échange sécurisé et réglementé pour échanger les crypto-monnaies! #allezlesbleus pic.twitter.com/HlGoZQaN3m— Bitstamp (@Bitstamp) February 8, 2023
Over the past few months, Bitstamp has obtained licenses in other European nations, registering as a virtual asset service provider (VASP) in Italy in July 2022 and receiving authorization from Spanish regulators in November. Other cryptocurrency platforms operating in France include Binance, Bitpanda, and Crypto.com. Binance’s first registration in Europe was in May of last year, and since then it has received approval from regulators in countries such as Spain, Italy, Sweden, and Poland.
For more news, Stay tuned at CoinTopper.com