Bitstamp to Roll Out Regulated Derivatives Trading in Europe: Sources
Bitstamp, the longest-running cryptocurrency exchange, is set to introduce regulated crypto derivatives trading in Europe, specifically a perpetual swap offering. This move is backed by its Markets in Financial Instruments Directive II (MiFID II) license, which allows for trading in securities and derivatives, including crypto assets. Regulatory clarity in Europe regarding crypto and tokens has spurred this initiative, aiming to shift crypto derivatives trading from offshore venues to compliant platforms. Bitstamp is in the process of being acquired by Robinhood, enhancing its positioning within the regulatory landscape. The exchange declined to comment on the details of the launch as they have not been publicly announced yet. Ian Allison, a senior reporter at CoinDesk, emphasizes the importance of compliance and the competitive shift in the derivatives market towards regulated environments.
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