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Bitstamp becomes first FCA-registered cryptoasset service provider

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Long-running cryptocurrency exchange Bitstamp has been registered to fully operate in the UK by the Financial Conduct Authority, bringing the number of global licenses and registrations held by the Bitstamp group to 52.

Long-running cryptocurrency exchange Bitstamp has been registered to fully operate in the UK by the Financial Conduct Authority (FCA), bringing the number of global licenses and registrations held by the Bitstamp group to 52.

Bitstamp is the first crypto exchange to be registered by the FCA since the UK Treasury set out a consultation on 1 February 2023 to strengthen regulation of cryptoasset activities, which marked the next stage of the UK’s approach to regulation.
  
Through this registration, Bitstamp says it shas been recognised as consistently operating to the highest standard in the UK, providing compliant and secure access to crypto in the region as required by the FCA.

The world’s longest running crypto exchange is now registered to offer: custody of cryptoassets; the purchase or sale of cryptoassets in legal tender; and the trading of cryptoassets against other cryptoassets.

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