European Banks Embrace Crypto as Bitstamp Talks Service Deals Amid Friendlier EU Rules

Bitstamp, a major crypto exchange, is in talks with several big European banks about offering crypto services.

This follows new EU crypto regulations (MiCA) that are boosting bank confidence in digital assets.

In contrast, US regulators are cracking down on crypto, making banks there more hesitant.

Bitstamp may help 3 major European banks offer crypto services starting in Q1 2023.

Some US crypto firms are moving operations abroad due to regulatory clampdowns.