Bitstamp Receives Regulatory Approval to Operate in the UK
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The UK's Financial Conduct Authority (FCA) has just added cryptocurrency exchange Bitstamp to its register of registered cryptocurrency firms, according to information available on the regulator's website.

The decision reportedly took effect yesterday and reflects the firm's compliance with anti-money laundering regulations.

The list also includes brokerage firm Interactive Brokers, which in 2021 launched a crypto trading service and then announced the transition of digital asset trading to 24/7 mode and the addition of new assets to the list.

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A subsidiary of US crypto exchange Kraken and infrastructure provider MoonPay have previously received FCA approval.

The register currently includes more than 40 companies.

Ripple bought Pantera Capital's minority stake in Bitstamp in May in order to diversify its business.

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