Bitstamp Secures BVI SIBA Licence, Expanding Investment-Business Footprint

Bitstamp has secured a licence under the British Virgin Islands' Securities and Investment Business Act (SIBA) to expand its regulatory footprint. This new licence adds an investment-business layer to Bitstamp's existing virtual asset service provider status in the territory.

The SIBA licence follows Bitstamp Global Ltd.'s approval as a virtual asset service provider earlier this year, giving Robinhood's exchange subsidiary a regulated BVI base spanning core digital asset services and activities within the jurisdiction's investment-business framework.

The latest approval extends Robinhood's push to combine its retail brokerage reach with Bitstamp's exchange infrastructure, institutional relationships, and established licensing network. Bitstamp has not yet disclosed the precise SIBA categories attached to its licence, which will determine which investment products and services can be offered through the BVI entity.

The licence is separate from Bitstamp Global Ltd.'s existing authorization under the Virtual Assets Service Providers Act. The BVI Financial Services Commission register already permits the company to exchange crypto for fiat or other digital assets, safeguard customer assets, transfer virtual assets, and provide services connected to token issuances.