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Bitstamp is a bitcoin exchange based in Luxembourg. It allows trading between USD currency and bitcoin cryptocurrency. The company was founded as a European-focused alternative to then-dominant bitcoin exchange Mt. Bitstamp offers an API to allow clients to use custom software to access and control their accounts. When incorporating in the United Kingdom, the company approached the UK's Financial Conduct Authority for guidance, but was told that bitcoin was not classed as a currency, so the exchange was not subject to regulation.
In February , the company suspended withdrawals for several days in the face of a distributed denial-of-service. In January , Bitstamp suspended its service after a hack during which less than 19, bitcoins were stolen,  reopening nearly a week later.
From Wikipedia, the free encyclopedia. There is no clear information available as to where Bitstamp's operations are located or whether they actually have any presence at all in the UK, or are still run out of Slovenia. Retrieved 5 January Retrieved 6 January The New York Times.
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