Bitstamp Obtains Trading License in Europe
Bitstamp has achieved an important accomplishment by obtaining a MiFID Multilateral Trading Facility license from the Securities Market Agency.
This license allows the exchange to offer crypto derivatives, such as perpetual swaps.
The MiFID regulation governs the traditional financial markets in the European Union, including stocks, securities, and derivatives, and applies to various platforms, managers, and banks.
Bitstamp, in its blog post on October 24, announced that it is one of the first crypto exchanges to receive this license, allowing the platform to offer more advanced products to both institutional and retail customers.
The acquisition of the MiFID MTF license is a significant milestone for Bitstamp, showcasing the exchange’s strong security measures, corporate governance, regulatory and anti-money laundering controls, and protection of clients.
