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CryptoCurrency

This TOP10 Crypto Exchange's Revenue Collapsed by Over 70% in One Year

  • The UK-registered branch of Bitstamp earned four times less than in 2022.
  • Moreover, the net loss increased from €7 million to nearly €20 million.
Saturday, 31/08/2024 | 13:51 GMT by Damian Chmiel
CryptoCurrency

MiCA's Looming Deadline: Crypto Exchanges Shake-Up Stablecoins

  • Binance, Bitstamp and a few others adjusted their stablecoin offerings for the EU customers to comply with MiCA.
  • MiCA’s rules around stablecoins will take effect on 30 June 2024.
Friday, 28/06/2024 | 05:42 GMT by Arnab Shome
CryptoCurrency

Bitstamp Implements Pre-MiCA Overhaul, Delists EURT Stablecoin

  • EMT availability in the EU is restricted, with monitoring to ensure compliance.
  • The Markets in Crypto-Assets Regulation is set to be enforced across the EU on June 30.
Wednesday, 26/06/2024 | 15:22 GMT by Tareq Sikder
CryptoCurrency

Robinhood Ventures Into Institutional Crypto Space with Bitstamp Buyout

  • The $200 million acquisition is anticipated to conclude in the first half of 2025.
  • The acquisition hinges on regulatory approval and customary conditions for closure.
Thursday, 06/06/2024 | 11:30 GMT by Tareq Sikder
CryptoCurrency

MAS Grants Bitstamp Crypto Regulatory Approval for Singapore Expansion

  • The firm is the inaugural European exchange to attain this approval in the country.
  • It will serve financial institutions, fintech firms, and brokerages as clients.
Wednesday, 06/03/2024 | 09:20 GMT by Tareq Sikder
CryptoCurrency

Catalyx Grapples with Security Breach in Canada: Operations Temporarily Frozen

  • The report suggests the loss of customer funds, but the firm has not disclosed the extent of the losses.
  • Regulatory authorities has launched an investigation, imposing a 15-day freeze order.
Friday, 29/12/2023 | 13:27 GMT by Tareq Sikder
CryptoCurrency

Bitstamp to Cease Canadian Services in January 2024

  • The closure date is confirmed, with all Canadian Bitstamp accounts set to be closed.
  • Other major exchanges have been following suit, exiting the Canadian market.
Wednesday, 11/10/2023 | 08:18 GMT by Tareq Sikder
News

Bitstamp in Talks with European Banks to Offer Crypto Services amidst Regulatory Ease

  • The EU's MiCA framework promoted traditional institutions in cryptocurrency.
  • In 2023, Bitstamp witnessed considerable corporate onboarding growth.
Tuesday, 10/10/2023 | 07:45 GMT by Tareq Sikder
CryptoCurrency

Bitstamp Pulls the Plug on ETH Staking for US Clients amid Regulatory Scrutiny

  • The crypto exchange will end staking services for US-based users on September 25.
  • This decision aligns with the SEC's stance on unregistered securities.
Thursday, 24/08/2023 | 08:19 GMT by Jared Kirui
CryptoCurrency

From Boom to Bust: Bitstamp Dives from €37M Profit to €9M Loss in One Year

  • The UK branch of the crypto exchange reported significant losses.
  • This confirms that 2022 was a challenging period for companies in the industry.
Thursday, 10/08/2023 | 09:19 GMT by Damian Chmiel
CryptoCurrency

Bitstamp Halts Trading of Multiple Cryptos in US Citing Regulations

  • AXS, MANA, CHZ, SAND, and SOL are among the affected tokens.
  • The suspension will begin on August 29.
Wednesday, 09/08/2023 | 11:31 GMT by Jared Kirui
CryptoCurrency

Bitstamp Hunts for Funds: Crypto Exchange Plans Derivatives Trading Launch in Europe

  • Bitstamp wants to regain its status as one of the leading crypto exchanges.
  • Ten years ago, it was the second most important platform.
Tuesday, 08/08/2023 | 11:51 GMT by Damian Chmiel
CryptoCurrency

Bitstamp Joins FCA’s List of Registered Crypto Companies

  • The registration assessed the firm’s compliance with anti-money laundering laws.
  • Interactive Brokers was also added to the list.
Wednesday, 14/06/2023 | 17:12 GMT by Jared Kirui
CryptoCurrency

Ripple Acquires Undisclosed Stake in Crypto Exchange Bitstamp

  • Pantera sold its Bitstamp stakes to Ripple.
  • The financials of the deal remains unknown.
Thursday, 25/05/2023 | 08:06 GMT by Arnab Shome
CryptoCurrency

Bitstamp Gains Registration in Spain amidst European Expansion

  • Bitstamp received a similar approval in Italy four months ago.
  • Other crypto exchanges are also getting registered in the Southern European country.
Thursday, 17/11/2022 | 21:50 GMT by Solomon Oladipupo
Executive Moves

Bitstamp Names JB Graftieaux Global CEO as Julian Sawyer Departs

  • He took over the new role on May 7, 2022.
  • He was promoted from the exchange’s Europe CEO.
Monday, 09/05/2022 | 11:31 GMT by Arnab Shome
Executive Moves

Bitstamp Selected James Greenwood as Its CTO and Filled Other Posts

  • Greenwood replaces David Osojnik, who advances to the Advisory Board.
  • Also, Miha Miklic has been elevated to the rank of Deputy CTO.
Tuesday, 15/03/2022 | 12:26 GMT by Tom Hazan
CryptoCurrency

Bitstamp Becomes Official Sponsor of Guild Esports Team

  • Bitstamp has established a sponsorship deal with Guild Esports.
  • Bitstamp will be provided with the main exposure across Guild’s team jersey.
Tuesday, 18/01/2022 | 20:54 GMT by Nicholas Otieno
News

Bitstamp Revenue Jumps in 2020, Profits Gain 257%

  • The exchange pointed out the rise in crypto transactions in Q4 as the boost behind the figures.
Tuesday, 10/08/2021 | 06:37 GMT by Arnab Shome
Executive Moves

Former Kraken COO Robert Zagotta Joins Bitstamp as US CEO

  • He will help the exchange to grow its business further in the country.
Wednesday, 21/07/2021 | 16:01 GMT by Arnab Shome
Executive Moves

BCB Group Secures Chris Aruliah as Its New Chief Product Officer

  • Aruliah brings experience in crypto and TradFi product knowledge as well as banking and trading relationships to BCB Group.
Thursday, 01/07/2021 | 10:35 GMT by Tom Hazan
Exchanges

XRP Trims Daily Gains as Bitstamp Suspends Trading and Deposits

  • US customers will still be able to withdraw their XRP from Bitstamp, and customers from other countries are not affected.
Friday, 25/12/2020 | 17:15 GMT by Aziz Abdel-Qader
News

Anonymous Crypto Whale Transfers 40 Million XRP to Bitstamp

  • The unidentified user moved XRP tokens from an address that has been dormant since 2013.
Wednesday, 25/11/2020 | 10:48 GMT by Bilal Jafar
CryptoCurrency

Bitstamp Taps Sovos Reporting Solution Ahead of Tax Season in the US

  • The reporting obligations for cryptocurrency in the US continue to evolve at a breakneck pace.
Monday, 23/11/2020 | 16:53 GMT by Aziz Abdel-Qader
News

Bitstamp Wants to Subpoena Citibank, Bank of America

  • The dispute between the exchange and its payment processor is affecting client withdrawals.
Wednesday, 18/11/2020 | 07:03 GMT by Arnab Shome
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