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).