FTX gets registered in Europe with new Cyprus license

FTX Europe, the European and Middle East division of FTX with it's holding company in Switzerland has received approval in Cyprus...

FTX, a global cryptocurrency exchange, today announced the company has secured investment license approval from the Cyprus financial market regulator, CySEC.

With the new license, the Cyprus office will start offering FTX’s products and services to European clients with passportable licenses across the European Economic Area (EEA).

“We’re excited to bring FTX’s innovative offerings to the European markets and that CySEC officially approved our domain. Europeans will now be able to use FTX’s best-in-class trading platform to invest in a wide range of cryptocurrencies derivatives thru a regulated investment firm.”
– Patrick Gruhn, Head of FTX Europe

Cyprus provides regulated firms access to the entire European Economic Area (which includes the European Union plus three countries).