25 Apr '16, 10pm

#bitcoin

#bitcoin

Long one of the world's more prominent bitcoin exchanges, Bitstamp received a publicity boost today with the news that it had been granted a license to operate as a fully regulated payment institution (PI) in Luxembourg. In statements, Bitstamp touted the license as one that enables it to become the first "fully licensed" bitcoin exchange in Europe. The news, which had been rumored for weeks, received varying reactions from market observers, with remarks divided between those who saw Bitstamp’s license as a boon for an industry still trying to shake its association with crime, and those who felt that Bitstamp may face more hurdles in its attempt to offer services throughout the European Union. Positive sentiment was perhaps best voiced by Chris Skinner, the founder of a new venture capital firm focused on blockchain, who stated that he believes the news is evidence of the ...

Full article: http://www.coindesk.com/bitstamp-license-europe/

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