Luxembourg-based Bitstamp, the world’s longest-running crypto exchange, secured a crypto asset service provider (Casp) licence under the European Union’s markets in crypto-assets (Mica) regulation from the Luxembourg Financial Sector Supervisory Commission (CSSF), the firm on 16 May 2025. The licence, combined with the subsequent European passport, will allow the company to operate across the European Union and the European Economic Area, managing its trading platform, executing orders on behalf of clients and providing custody of crypto-assets throughout the EEA.

According to Bitstamp, the Casp licence was granted less than a year after the company received its Mifid licence to operate a multilateral trading facility (MTF). Bitstamp’s global CEO , stated that the Mica’s regulatory framework prioritised investor safety and confidence, making the licence approval a significant achievement.

The approval followed Bitstamp’s earlier confirmation of improvements to its stablecoin offerings to align with Mica requirements. The press statement added, “In addition to pursuing additional licenses in key jurisdictions, Bitstamp is looking to expand its product offerings for retail and institutional investors in Europe.”