Bitstamp has reached a significant milestone in the cryptocurrency world, becoming one of the first crypto exchanges to obtain the MiFID MTF (Multilateral Trading Facility) license from Slovenia’s capital markets regulator. This license empowers Bitstamp to offer sophisticated products to both institutional and retail investors, including perpetual futures and other crypto derivatives directly within the country.
First of Its Kind in the Crypto Industry
The MiFID regulatory framework, well-known in traditional finance across the European Union, applies to stocks, securities, and derivatives. Bitstamp’s acquisition of this license marks a pivotal moment, highlighting the growing institutional acceptance and regulatory progress within the crypto industry. As a result, Bitstamp now stands out as one of the first crypto exchanges in the EU authorized to offer crypto derivative products under MiFID oversight, allowing investors to trade without directly holding cryptocurrencies.
The license affirms Bitstamp Financial Services‘s adherence to strict standards in security mechanisms, corporate governance, internal regulatory controls, anti-money laundering measures, and customer protection protocols. Moreover, this regulatory nod underscores the exchange’s compliance with stringent capital requirements.
Bitstamp CEO: A Testament to Trust
Bitstamp CEO Jean-Baptiste Graftieaux expressed pride in achieving the MiFID MTF license, stating it validates Bitstamp’s achievements in security, trustworthiness, and regulatory compliance. Graftieaux emphasized that the license provides Bitstamp with the opportunity to offer derivatives, supporting diverse trading strategies for institutional investors aiming to boost capital efficiency. Founded in 2011, Bitstamp has maintained a reputation as a reliable and compliant exchange for over a decade, and with this new license, it strengthens its presence as a trusted platform for institutional investments in Europe and globally.
With this regulatory advancement, Bitstamp Financial Services, a subsidiary of Bitstamp, bolsters the company’s stature in the global market, positioning itself as a robust and regulated platform for institutional investors.
Bitstamp, MiFID MTF, cryptocurrency, regulatory compliance, institutional investors
