Bitstamp Secures Major Payment Institution License in Singapore

Bitstamp, a prominent cryptocurrency exchange, has secured a Major Payment Institution license from the Monetary Authority of Singapore, marking a significant milestone in its expansion into the Asia-Pacific (APAC) market. This license, obtained on July 3, 2025, allows Bitstamp to offer a broader range of digital payment services and enhance its market reach in the region.

The acquisition of this license is a strategic move for Bitstamp and its parent company, Robinhood. It enables Bitstamp to tap into the growing demand for regulated cryptocurrency services in the APAC region, positioning the exchange to provide more comprehensive digital asset offerings. This development is expected to attract a larger demographic of traders, including both retail and institutional clients, by offering smoother payment flows and robust fiat on/off ramps for crypto trading.

One of the key advantages of the Major Payment Institution license is that it allows Bitstamp to operate without the typical transaction volume limitations. This regulatory advantage enables the exchange to integrate with Robinhood's infrastructure, facilitating services such as trading, staking, and perpetuals trading within strict regulatory frameworks. Market analysts suggest that this license will boost institutional confidence in Bitstamp's platform, leading to increased participation and activity in the APAC region.

Bitstamp's official statement underscores the company's commitment to building trust through responsive and collaborative efforts. The exchange aims to understand the regional market dynamics and work closely with local stakeholders to ensure compliance and foster a secure environment for expanding crypto services. This approach aligns with global compliance trends seen in other major cryptocurrency firms, such as the pursuit of similar licenses by Crypto.com and Coinbase.

The combined efforts of Bitstamp and Robinhood amplify their capacity for technological innovation and compliance, setting a precedent for others in the fintech sector. The regulatory rigor in licensing promises a secure environment for expanding crypto services, ensuring that key offerings like Bitcoin (BTC) and Ethereum (ETH) can thrive in a regulated market. This development is expected to attract more institutional clients and enhance the overall credibility and trust in Bitstamp's platform within the APAC region.