Major Crypto Asset Currency Exchange Bitstamp Teams Up with BCB Group to Allow GBP Transactions

The biggest in Europe, Luxembourg-based Bitstamp virtual asset exchange has partnered with BCB Group, a financial company working in the industry of virtual assets.

Thanks to the new collaboration, Bitstamp’s customers from the UK will be able to directly deposit and withdraw GBP to and from their accounts on the exchange.

BCB Group works to provide their services to crypto exchanges, financial institutions that want to offer customers their own cryptocurrencies.

The news was reported on 29 July on Bitstamp’s Twitter page.

STERLING: Making moves in the UK! We’ll be bringing GBP deposits and withdrawals to Bitstamp soon, in cooperation with @BCBcrypto. Read more: https://t.co/j8W4hVi0Mc pic.twitter.com/0MmcwlZwJh

— Bitstamp (@Bitstamp) July 29, 2019

The new channel will reduce commission for users of the crypto exchange for conducting operations with GBP.

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Virtual exchanges keep succeeding so far

While Bitstamp is making progress in ensuring its UK customers are happy with its services, another exchange, Bitpoint, is also showing signs of progress of a slightly different kind.

As CryptoComes reported earlier, the digital trading platform which was hacked recently, is beginning to slowly reclaim the crypto that was stolen from it.

By now, the Japanese-based exchange Bitpoint has managed to recover around $2.3 mln (250 mln yen). The total amount of funds that the hackers managed to steal was $32 mln.