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Bitstamp Announces Expansion To The US Market

The oldest European cryptocurrency exchange Bitstamp announced its impending expansion to the US market.

The trading platform reported a 570% growth in the number of US users in the first four months of 2021. According to the report, in the first quarter the value of assets under management increased by 281%, while the activity of American clients increased by 348%.

Bitstamp added that it is looking to work with leading US financial companies such as Nasdaq and Silvergate Bank to create a “better market infrastructure” with custodial services and regulated derivatives.

Recall that in December 2020, Bitstamp closed the possibility of trading XRP token for American users amid SEC claims against Ripple.

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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