Bitstamp Obtains MiFID MTF License to Unlock New Opportunities in Crypto Trading

Bitstamp, a prominent crypto exchange, has officially obtained a MiFID Multilateral Trading Facility (MTF) license from the Securities Market Agency

Bitstamp, a well-known cryptocurrency exchange, has recently acquired a MiFID Multilateral Trading Facility (MTF) license from the Securities Market Agency in Slovenia. This license will enable the exchange to expand its offerings for both institutional and retail clients, opening up new possibilities in the crypto trading world.

This pivotal approval marks a new chapter in Bitstamp’s trading journey. The license will allow the exchange to introduce new financial products, including crypto derivatives such as perpetual swaps. These contracts will enable traders to speculate on the price movements of crypto tokens without any expiration date. This development provides more flexibility and opportunities in trading strategies.

Moreover, the license also permits Bitstamp to trade stocks, commodities, bonds, and structured products, significantly broadening its market appeal. Bitstamp's global CEO, Jean-Baptiste Graftieaux, highlighted the importance of this license, stating that it not only showcases the company's commitment to safety, security, and compliance but also underscores the growing maturity of the crypto industry as a whole.

Graftieaux further explained that the MiFID MTF license operates under the European Union’s Markets in Financial Instruments Directive (MiFID II). This regulatory structure allows exchanges to function within a regulated framework while offering diverse financial products.

As the demand from institutional clients for crypto derivatives continues to grow, Bitstamp's latest move positions it in a competitive position within the evolving market landscape. The demand for crypto-tied products is rising, drawing more exchanges into the fray.

For instance, the Chicago Mercantile Exchange (CME) recently introduced its Bitcoin Friday Futures (BFF). This digital product hit a record first-day trading volume of over 31,498 contracts. This trend shows that institutional investors are eager for new crypto products, which is likely to lead to further industry developments.

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