Press Release

BCB Group and Bitstamp Partnership to Enable GBP Transfers

New partnership will allow Bitstamp’s customers to deposit and withdraw funds denominated in GBP

London, 29 July 2019 – Bitstamp, Europe’s largest cryptocurrency exchange, and BCB Group, one of the world’s leading global digital asset prime brokers, today announced a new partnership that will enable investors from the UK to transfer GBP directly to and from their Bitstamp accounts.

Through this partnership, Bitstamp will be able to support deposits and withdrawals directly in GBP, providing increased efficiency and reduced costs for clients. The new GBP service will be available to Bitstamp’s customers by the end of the year.

Oliver von Landsberg-Sadie, Founder & CEO of BCB Group, said: “We are delighted to be partnering with Bitstamp to create an efficient transaction experience for UK traders wishing to deposit and withdraw funds in GBP. We value this partnership not only because it enables UK clients to transact with Bitstamp onshore, rather than having to send funds offshore, but also because it furthers our mission to provide seamless prime services infrastructure covering compliance, trade execution and settlement and custody for clients wishing to access cryptocurrencies.”

BCB Group’s range of solutions has been developed to cater to the needs of exchanges, institutions and high net worth clients seeking OTC best execution for their own accounts and who wish to offer cryptocurrency products and services to their own clients.

Bitstamp, which is the world’s longest-standing crypto exchange and widely regarded as a pioneer in the industry, has placed an emphasis on reliable and secure service ever since it opened its doors in 2011. “This is a great fit,” said Nejc Kodrič, Bitstamp CEO. “One of our points of emphasis is providing robust payment rails to our global customer base. We’re excited to have BCB Group provide an additional boost to our efforts on that front.”

Bitstamp, which will soon be celebrating 8 years of continuous operations, has had a busy year so far, launching a new mobile app and webpage redesign, reaching a number of new partnerships and ramping up the exchange’s presence in the US by obtaining a BitLicense and making strategic hires.

For further information, please contact:

Sam Shrager
[email protected]
+44 7877 940652
+44 207 298 6090

About BCB Group
https://www.bcbgroup.com/

BCB Group: Building on established foundations

BCB Group is Europe’s leading crypto-dedicated payment services provider, serving some of the industry’s largest clients including Bitstamp, Coinbase, Galaxy and Kraken. BCB Group  provides payment services in 20+ currencies, FX, cryptocurrency liquidity and digital asset custody.

 Responding to institutional demand for operational best practice in the cryptocurrency market, BCB Group was created by established thought leaders in finance, regulation and technology. Founded in the UK and developed to encompass key relationships within the UK and Swiss financial services communities, BCB Group is Europe’s leading payment services provider for cryptocurrency and blockchain institutions. BCB Group’s executive team have worked for Barclays, Credit Suisse, Deutsche Bank, Investec, Lloyds Commercial Bank, Norton Rose Fulbright, FIS and Sun Life of Canada.  

BCB Group comprises BCB Prime Services Ltd (UK), BCB Payments Ltd (UK), BCB Digital Ltd (UK) and BCB Prime Services (Switzerland) LLC. BCB Payments Ltd is regulated by the Financial Conduct Authority, no. 807377, under the Payment Services Regulations 2017 as an Authorised Payment Institution. BCB Prime Services (Switzerland) LLC, a company incorporated under the laws of the Swiss Confederation in the canton of Neuchâtel with business identification number CHE-415.135.958, is an SRO member of VQF, an officially recognized self-regulatory organization (SRO) according to the Swiss Anti-Money Laundering Act.

About Bitstamp
https://www.bitstamp.net/

Founded in 2011, Bitstamp is a leading global cryptocurrency exchange and the EU’slargest by trading volume. Currently offering trading between BTC, BCH, ETH, XRP, LTC, USD and EUR, the exchange empowers individuals and institutions to reap the benefits of emerging financial technologies by unlocking reliable access to leading cryptocurrencies. With its focus on prudence and oversight, Bitstamp is uniquely positioned to serve as a stepping-stone between the traditional financial and cryptocurrency worlds. Safe and easy to use, Bitstamp always puts its customers first, which is why it gets the stamp of approval from over 3 million traders throughout the world. For more information about how Bitstamp supports the exchange of currencies, information, ideas and trust, visit www.bitstamp.net.

Media Contact:

Brianna Hayes
Uproar PR for Bitstamp
[email protected]
(321) 236-0102 x237

The information contained in this press release is intended for use and publication by journalists and should not be relied upon by private investors or any other persons to make financial decisions. Furthermore, the material contained herein is for informational purposes only and should not be construed as an offer, solicitation of an offer, or an inducement to buy or sell cryptocurrencies or any equivalents either generally or in any jurisdiction where the offer or sale is not permitted. All of the views expressed about the markets, cryptocurrencies and stakeholders in this press comment accurately reflect the personal views of BCB Group. While opinions stated are honestly held, they are not guarantees and should not be relied on. The information or opinions provided should not be taken as specific advice on the merits of any investment decision. This press release may contain statements about expected or anticipated future events and financial results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, new legislation and regulatory actions, competitive and general economic factors and conditions and the occurrence of unexpected events. Past performance in other related cryptocurrencies is not a viable indication of future performance with actual results possibly differing materially from those stated herein. Investments in cryptocurrencies are not currently regulated by the Financial Conduct Authority. Your capital is at risk when investing in cryptocurrencies.

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