Ian Allison is an award-winning senior reporter at CoinDesk. He holds ETH.
Crypto exchange Bitstamp is in talks with several big European banks about offering cryptocurrency services.
Bitstamp has gotten a lot of interest in Europe for the exchange’s relatively new Bitstamp-as-a-service offering, a white-label licensing and technology combo designed to help banks and fintech firms offer crypto buying and selling, said Robert Zagotta, the Luxembourg-based company’s global chief commercial officer and CEO of its U.S. division.
While the U.S. clamps down on crypto, places like Europe have been busy getting rules in place and traditional financial institutions are now partnering and formulating strategies, with big players likefrom the New York Department of Financial Services in 2019 and is audited by EY, has also seen demand for a fully regulated perpetual swap product in Europe, and the exchange has been working on this, Zagotta said.
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