Bitstamp receives New York BitLicense, plans US expansion

posted 6 months ago
Bitstamp, one of Europe’s oldest and largest cryptocurrency exchanges, is looking to expand its US operations, having just been issued New York’s latest virtual currency license. The New York Department of Financial Services awarded Bitstamp the 19th BitLicense Tuesday, allowing the exchange to offer Bitcoin trading to the state’s residents. Bitstamp first applied for the license in June 2015, when NYDFS created the state’s landmark law.

According to asset manager Bitwise’s “list of exchanges with legitimate volume” Bitstamp ranks in the top four, though according to CoinMarketCap’s list of exchanges by reported volume, it weighs in at number 56.
Tags: bitcoin, news