Key Points: Bitstamp in France has been officially registered with the Autorite des marches financiers.
France’s regulations regarding money laundering and competent, recognised management must be considered when registering a company.
The exchange joins Binance and Bitpanda in securing approval from one the most complex regulatory frameworks of the EU.
Bitstamp, a Luxembourg-based cryptocurrency exchange, received DASP (digital assets service provider) registration from Autorite des marches financiers on Wednesday. According to the regulator’s website, Bitstamp has registered with the Autorite des marches financiers (AMF) in France. This registration allows the company to reach the 4 million customers within the French regulated platforms.
“France is one of the most important markets in Europe for Bitstamp,” said Jean-Baptiste Graftieaux, CEO of Bitstamp. The crypto-asset market is at a turning point for a few weeks now. As pioneering players, we are eager to be a driving force in the adoption crypto-currencies by a wider public,” stated Jean-Baptiste Graftieaux (CEO of Bitstamp).
Reminder: A crypto player must register with DASP in certain areas as per the Pacte law. The AMF and Prudential Supervisory and Resolution Authority, (ACPR), verify that players adhere to regulations relating the fight against money laundering and financing of terrorism (LCB/FT). Bitstamp, a cryptocurrency exchange founded in Slovenia in 2011, is still in use today. It is still less well-known than Coinbase and Binance, however. It is still less well-known than other crypto giants like Coinbase and Binance. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuHaroldCoincu NewsTags: AMFBinanceBitstampCoinbasecryptoDASPFrance