One Trading, a crypto firm based in the Netherlands, has recently received regulatory approval from the Dutch Authority for the Financial Markets to operate as a regulated derivatives exchange in Europe. This approval allows One Trading to offer perpetual futures trading, making it one of the first crypto companies to do so in the region.
The license obtained by One Trading is an Organized Trading Facility (OTF) license, which enables the company to function as a regulated crypto derivatives exchange in Europe. This new license also establishes One Trading as a Markets in Financial Instruments Directive (MIFID) II trading venue, aligning the company with the European Union’s regulations for trading venues.
With this approval, One Trading becomes the sole perpetual futures trading venue in the European Union and the first cash-settled perpetuals platform in Europe. According to a company press release, this milestone marks the beginning of a journey to redefine the landscape of digital asset and traditional security trading.
In a statement, the AFM confirmed the granting of the OTF license to One Trading, highlighting that the company is the first crypto firm to receive this type of license in the Netherlands. Joshua Barraclough, the founder and CEO of One Trading, expressed excitement about the opportunity to introduce new regulated products and offer institutional-grade solutions to customers, starting with BTC and ETH products.
The AFM’s approval of One Trading signifies a significant step forward in the integration of crypto derivatives trading within the European regulatory framework. This development opens up new possibilities for traders and investors in the region, providing access to a wider range of financial products in the digital asset space.
As the cryptocurrency industry continues to evolve, regulatory approvals like the one obtained by One Trading play a crucial role in establishing legitimacy and fostering innovation within the sector. By meeting the regulatory requirements set forth by the AFM, One Trading sets a precedent for other crypto companies looking to offer derivatives trading services in Europe.
Overall, this approval marks a significant milestone for One Trading and the broader crypto industry, signaling a new era of regulated derivatives trading in Europe. With a focus on institutional-grade solutions and a commitment to redefining the trading landscape, One Trading is poised to make a lasting impact on the digital asset market.
In conclusion, the regulatory approval obtained by One Trading represents a step forward in the integration of crypto derivatives trading within the European regulatory framework. This milestone sets the stage for increased innovation and accessibility in the digital asset space, paving the way for a more diverse and robust market for traders and investors alike.