Golden Finance reported that cryptocurrency exchange Bitstamp said it is negotiating to help three major European banks start providing encryption services around the first quarter of next year. Robert Zagotta, Bitstamp’s global chief commercial officer and CEO of the U.S. division, revealed in an interview with CoinDesk that the EU’s main cryptocurrency regulatory initiative, the Market for Crypto Assets (MiCA), is easing the way for traditional financial companies to enter the digital asset field. Zagotta said: “Inquiries about this product have increased significantly over the past six to nine months from large European banks. We are in advanced conversations with three banks that are household names in Europe. I think we will announce this around the first quarter. News," he said without naming the companies.