Banks and crypto

European banks in discussion with cryptocurrency companies

Bitstamp

Bitstamp has reportedly disclosed its ongoing discussions with a number of European banks about assisting them in launching cryptocurrency services. These discussions are expected to come to fruition in early 2024.

Bitstamp’s Negotiations with Top European Banks

Bitstamp’s negotiations underscore the growing acceptance of digital assets within the European financial sector.

This news comes at a time when the European Union is actively advancing its regulatory framework for cryptocurrencies, known as Markets in Crypto Assets (MiCA).

It aims at facilitating the entry of traditional financial institutions into the digital asset space.

Cryptocurrency and its slow mainstream adoption

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