June 13, 2023 at 17:12 GMTModified date: June 13, 2023 at 17:12 GMT
June 13, 2023 at 17:12 GMT

Bitstamp added to FCA’s registered crypto list

The UK branch of the Bitstamp exchange has now been added to the FCA’s list of registered crypto firms, only one of two companies to do so this year so far.

Crypto. Pic: Unsplash

The UK branch of the Bitstamp crypto exchange has now been added to the FCA’s list of registered firms.

According to the regulator’s list of registered crypto-asset companies, Bitstamp U.K. Limited and Interactive Brokers Limited are the only firms to be added in 2023.

In their blog, Bitstamp commented: “We are proud to be one of a very small number of crypto exchanges that have been recognized by the UK’s Financial Conduct Authority (FCA) as providing the gold standard in crypto compliance to customers in the UK.

“With this latest registration, Bitstamp now has 52 licenses and registrations globally, solidifying our position as one of the most secure and compliant crypto exchanges in the global market.

“This status demonstrates that Bitstamp is operating to the same financial standards and customer protections that traditional finance institutions must adhere to with anti-money laundering (AML) and counter-terrorist financing (CTF) protections.

“The achievement acknowledges Bitstamp for our constant and unwavering commitment to operating at the highest standard. It additionally confirms that our platform offers compliant and secure access to cryptocurrencies in the UK, in accordance with the strict requirements set forth by the FCA.”