One of the longest-standing cryptocurrency exchanges – Bitstamp – registered with the Financial Markets Authority in France. Thus, it followed other rivals, including Binance and Crypto.com, which already secured the green light from the watchdog.

Bitstamp previously received approval from other European countries, including Italy and Spain.France’s top monetary regulator – the Autorité des marchés financiers (AMF) – added Bitstamp to the list of cryptocurrency platforms allowed to offer products and services to local users. The firm highlighted the move on its Twitter page, saying it is “thrilled” to expand to the nation.

Bitstamp joined forces with the American professional esports organization – Immortals – nearly a year ago to serve as its official cryptocurrency exchange and a founding partner. The partners’ main goal is to establish a bridge between the gaming industry and the digital asset sector. Bobby Zagotta – CEO of Bitstamp USA – stated:The three-year collaboration will also explore non-fungible token (NFT) integrations.