Since the UK Treasury marked the next stage of the UK’s approach to crypto regulation with its consultation in February, no exchange has been registered by the FCA. Bitstamp is the first. The Bitstamp group’s accomplishment is even more impressive considering that they have now registered in their 52nd country.
The FCA’s registration not only demonstrates Bitstamp’s consistency of operating at a high standard, but it only shows that the company is willing to adhere to the same anti-money laundering and counter-terrorist financing protections that traditional financial institutions go by.
