Cryptocurrency exchange Bitstamp has received a MiFID MTF license to operate in the European Union

The MiFID MTF license received from European regulators has become an important confirmation of Bitstamp’s reliability and safety, as well as its compliance with the strict legal standards of the EU. “This license is the result of our many years of work to ensure the highest standards of security and transparency. Now our clients can be confident that we comply with all European regulations and can use our services to implement a variety of investment and trading strategies,” Bitstamp emphasized. With this new status, the platform will be able to offer its users access to more complex and flexible financial products, which is especially beneficial for large institutional players looking to diversify their portfolios across cryptocurrency and traditional assets.

The new MTF status gives Bitstamp the right to not only deal in cryptocurrencies, but also to offer access to trading in more traditional financial instruments. Under the management and supervision of the ATVP license, the platform can now trade stocks, bonds, commodities, and other financial products beyond cryptocurrencies. This approval gives Bitstamp a unique position in a market where cryptocurrency exchanges are generally limited in their ability to provide access to traditional financial markets. This creates a powerful advantage for the platform, especially given the growing demand for comprehensive solutions from institutional investors in Europe who are looking for more diverse investment options.

Also, in preparation for the introduction of new European regulations on crypto assets, Bitstamp recently announced that it will stop supporting the euro stablecoin Tether EURT. This decision is related to the entry into force of the MiCA regulations, designed to strictly regulate the cryptocurrency market in the European Union. MiCA is aimed at increasing the transparency and security of cryptocurrency transactions, ensuring control over stablecoins, including Eurostablecoins.

Thus, obtaining a MiFID MTF license and adapting to the MiCA requirements mark a new stage in the development of Bitstamp, making it one of the most regulated and versatile crypto exchanges on the European market. The platform will be able to attract more large investors interested in reliable and legally supported opportunities for working with crypto assets and traditional financial products.