Cryptocurrency exchange Bitstamp secured a MiFID Multilateral Trading Facility (MTF) license from the Slovenian Securities Market Agency on October 25. The MiFID is a framework primarily used for traditional financial markets within the European Union. It covers stocks, securities, and derivatives and applies to trading platforms, investment managers and banks. Now, Bitstamp is among the first cryptocurrency exchanges to receive a MiFID MTF license, confirming its compliance with EU stringent capital requirements. The MiFID license follows Bitstamp’s recent regulatory successes, including the acquisition of a Major Payment Institution license from the MAS.
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