Bitstamp, the longest operating cryptocurrency exchange, is set to launch regulated crypto derivatives trading in Europe, as reported by sources familiar with the situation.
With its commitment to regulatory compliance, Bitstamp holds a Markets in Financial Instruments Directive (MiFID) II license, which has recently been updated to include crypto assets.
“With its MiFID license in Europe, Bitstamp plans to launch a fully regulated perpetual swap offering,” according to a source.
Translation: “Con su licencia de MiFID en Europa, Bitstamp planea lanzar una oferta de swap perpetuo completamente regulada.”
This move towards regulatory clarity is reshaping the landscape for crypto trading, with firms like D2X and Backpack Exchange also preparing for similar offerings.
Having been in the spotlight recently for the acquisition by Robinhood, Bitstamp’s future seems promising both in Europe and in the U.S., where it has various state licenses including the highly regarded New York State BitLicense.
Bitstamp chose not to comment on these plans as they have not yet been made public.