Bitstamp by Robinhood, a globally trusted crypto exchange, has achieved a license from the Monetary Authority of Singapore (MAS), accelerating its expansion in the APAC region.
License from the Monetary Authority of Singapore
The MAS license allows Bitstamp to serve clients more effectively in Singapore and neighboring markets, offering safe and compliant cryptocurrency trading solutions.
Historical Context and Achievements of Bitstamp
Since its inception in 2011, Bitstamp has established itself as a reliable and open platform, adhering to international standards. The platform holds ISO/IEC 27001 and SOC 2 Type 2 certifications, ensuring a high level of security and reliability.
Future Plans and Market Impact
With the new license, Bitstamp aims to provide a platform that combines local and global advantages, potentially setting a new standard for crypto trading in the APAC region. Collaboration with Ripple and others reinforces APAC's position as a leader in fintech.
Bitstamp's expansion in the APAC region opens new opportunities for both institutional and retail clients, highlighting Singapore's growing significance as a hub for cryptocurrency trading.
