Bitstamp secures an EU MiFID license, enabling advanced crypto trading options and enhancing security and compliance for institutional and retail customers.
Bitstamp, recognized as the longest-running cryptocurrency exchange globally, has reached an important milestone by securing an EU MiFID Multilateral Trading Facility (MTF) license from the Securities Market Agency in Slovenia. This achievement underscores the growing maturity of the cryptocurrency industry. With this license, Bitstamp is now positioned to offer advanced trading options, enhancing security and compliance for institutional and retail customers.
With this new license, Bitstamp can offer institutional and retail customers more advanced products. This includes trading in cryptocurrencies such as perpetual swaps. By connecting these products to its well-organized spot market, Bitstamp increases prospects for buyers. It also means that traders can increase capital efficiency and invest in the cryptocurrency market without owning cryptocurrencies.
The MiFID regulation is one of the most important regulations regulating traditional financial markets in the EU. It includes stock, bonds, and futures and applies to trading sites, investment companies, and banks. Obtaining this license positions Bitstamp among the first cryptocurrency exchanges to launch under this license. This means that via Bitstamp, investors can trade EU-regulated crypto derivatives, which is a big step for the industry.
Bitstamp MiFID License Confirms High Security and Compliance
This license confirms Bitstamp’s high level of security, corporate management, and effective AML. It displays the exchange’s dedication to its clients and how it has met the highest capital standards. This endorsement adds to users’ confidence in Bitstamp.
Jean-Baptiste Graftieaux, Bitstamp’s Global CEO, said this with pride. He also noted that the MiFID MTF license proves Bitstamp is safe and compliant and shows the cryptocurrency industry’s development. With this new authorization, Bitstamp can develop a trading environment for different investment styles. This is especially useful to institutional investors who seek to enhance capital utilization efficiency.
Established in 2011, Bitstamp has become one of the pioneers that successfully gained users’ trust and received the necessary licenses for its operation. It has evolved and expanded to ensure its users are offered the best and most up-to-date financial services. Derivatives trading is a new step forward for Bitstamp, strengthening its standing in the constantly changing landscape of cryptocurrency.
With the market expanding and developing further, the new license may help other exchanges, such as Bitstamp, to do the same. The future looks promising as regulations and innovative products emerge, shaping the next phase of crypto trading.
