European Banks Embrace Crypto as Bitstamp Talks Service Deals Amid Friendlier EU Rules
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Bitstamp, a major crypto exchange, is in talks with several big European banks about offering crypto services.
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This follows new EU crypto regulations (MiCA) that are boosting bank confidence in digital assets.
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In contrast, US regulators are cracking down on crypto, making banks there more hesitant.
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Bitstamp may help 3 major European banks offer crypto services starting in Q1 2023.
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Some US crypto firms are moving operations abroad due to regulatory clampdowns.
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