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One of Europe’s oldest digital currency exchanges is cutting its ties with the United Kingdom in the face of Brexit uncertainties. Bitstamp is now migrating its European clients’ accounts from London to Luxembourg.
The exchange is moving the accounts from Bitstamp Limited, founded in 2012 and based in London, to Bitstamp Europe SA, an entity founded in 2016 and based in Luxembourg. Citing an email circulated by the exchange, news outlet TrustNodes reported that the exchange had been planning the move for months now.
Part of the email stated, “In order to comply with our regulatory requirements and improve our operational efficiency, we are migrating the accounts of our customers from Bitstamp Limited to Bitstamp Europe SA., our business entity based in Luxembourg.
Learn more / En savoir plus / Mehr erfahren:
https://www.scoop.it/t/luxembourg-europe/?&tag=Brexit
One of Europe’s oldest digital currency exchanges is cutting its ties with the United Kingdom in the face of Brexit uncertainties. Bitstamp is now migrating its European clients’ accounts from London to Luxembourg.
The exchange is moving the accounts from Bitstamp Limited, founded in 2012 and based in London, to Bitstamp Europe SA, an entity founded in 2016 and based in Luxembourg. Citing an email circulated by the exchange, news outlet TrustNodes reported that the exchange had been planning the move for months now.
Part of the email stated, “In order to comply with our regulatory requirements and improve our operational efficiency, we are migrating the accounts of our customers from Bitstamp Limited to Bitstamp Europe SA., our business entity based in Luxembourg.
Learn more / En savoir plus / Mehr erfahren:
https://www.scoop.it/t/luxembourg-europe/?&tag=Brexit