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In what is a major step for advancing bitcoin adoption by the existing financial system, Luxembourg today granted the European bitcoin exchange Bitstamp a license as a fully regulated Payment Institution. Bitstamp has also announced that it is launching BTC/EUR trading, marking its connection to the continent.
The license was signed by Luxembourg’s Minister of Finance Pierre Gramegna. He stated: “Luxembourg has a long-standing history as an international leader in innovation. That Bitstamp has chosen Luxembourg as its European hub only strengthens that reputation. I believe this announcement marks a milestone for bitcoin and digital finance in Europe. Bitstamp is a most welcome ... (read more)