One of the world’s largest bitcoin exchanges is reportedly close to announcing a new deal with the Luxembourg government that would enable it to launch regulated and licensed services across Europe.
Founded in 2013 and originally based in Slovenia, Bitstamp has long been one of Europe’s largest bitcoin startups, offering bitcoin trading and gold buying services to investors. The company is registered in the UK, the US and Luxembourg, where its Bitstamp Europe SA entity is based.
Bitstamp is currently the fourth largest exchange by total US dollar trading volume, according to data from Bitcoin Charts, behind Bitfinex, BTC-e and Coinbase. The exchange saw just shy of 4,000 BTC traded in the last 24 hours, representing $1.6m in trades. Notably, it does not yet offer EUR trading.
A representative of the Luxembourg Trade & Investment Office declined to comment but said an announcement on the government’s work with the industry could be forthcoming.
Bitstamp executives offered no comment when reached.
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