Nejc Kodric explains why Bitstamp chose Luxembourg for its HQ in Europe
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Nejc Kodric explains why Bitstamp chose Luxembourg for its HQ in Europe

THELOGICALINDIAN - Nejc Kodric is the CEO of bitcoin barter belvedere Bitstamp and he afresh batten withLuxembourg for Finance to explain why he chose to accept Bitstamp backpack to Luxembourg to be home toits aggregation headquarters

Luxembourg for Finance (LFF) is a public-private affiliation amid the Luxembourg Government and the Luxembourg Banking Industry Federation (PROFIL). Founded in 2024, its cold is to advance Luxembourg’s banking casework industry and analyze new business opportunities.

In April of this year, Bitstamp was granted a acquittal academy license by the Luxembourg government to be a absolutely adapted and accountant barter in the European Union. As allotment of the action Bitstamp confused their operations from Berkshire to Luxembourg.

In the account with LFF, Kodric explains that Luxembourg has been a avant-garde in the fintech arena and agenda currencies, actuality the aboriginal to proactively accommodated with industry participants to amount out the best means to adapt the bitcoin industry.

Kodric went on to explain that Luxembourg sees the added amount and abeyant that bitcoin and blockchain tech brings, and invites companies to the country to advice body out their tech ecosystem to advice serve the world. He additionally said that Bitstamp was attractive for a abode to fit in back it comes to regulatory compliance, and Luxembourg stood out from added countries as actuality added proactive against bitcoin and regulation.

The CEO additionally said afresh that the abutting footfall for the barter will be leveraged trading and is currently alive on authoritative approval.

Bitstamp is currently processing in the ambit of ~2000-4000 BTC per day and is one of the top bitcoin exchanges by volume.