Crypto Exchange Bitstamp Gets Approval From Spain - Coinleaks
Current Date:September 21, 2024

Crypto Exchange Bitstamp Gets Approval From Spain

Cryptocurrency exchange Bitstamp, in Spainreceived approval from the country’s central bank to operate.

happened recently FTX Circular problems have shaken confidence in cryptocurrency exchanges. Cryptocurrency investors, of FTXWith the collapse and bankruptcy, it started to turn to cold wallets. Binance shared the assets of the stock market with the principle of transparency and open sharing. Popular cryptocurrency exchange Binance’s The asset sharing was accompanied by other exchanges. While all these processes are going on Bitstamp, obtained permission from Spain for its activities.

Bitstamp Now Approved in Spain

Cryptocurrency exchange Bitstampfor Spanish users fiatannounced that it will be able to offer virtual currency swap services for currency and electronic wallet custody services.

This approval, which the stock market received, came after it had previously received Italian approval. 2011The stock market, which was established in Luxembourgand in the Netherlandswas registered to operate.

It is noteworthy that crypto money exchanges are officially registered or approved in countries. Arrangementsand inspectionsThese moves, which are also seen as positive in terms of the economy, were welcomed by many investors with optimism.

Lately, coinbasestock market in the Netherlands, Lunoin France and CryptoComexchange also received approval in Italy.