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Crypto Facilities Has Become The First Crypto Firm To Receive An MTF License From The UK
Summary: Crypto Facilities has become the only company to secure a Multilateral Trading Facility (MTF) license from the United Kingdom's Financial Conduct Authority, according to a recent announcement. The license allows for Crypto Facilities to act as the first authorized crypto derivatives marketplace providing leveraged trading in Europe. The release also stated that this development will ...
Crypto Facilities has become the only company to secure a Multilateral Trading Facility (MTF) license from the United Kingdom's Financial Conduct Authority, according to a recent announcement.
The license allows for Crypto Facilities to act as the first authorized crypto derivatives marketplace providing leveraged trading in Europe.
The release also stated that this development will allow the company to better serve institutional investors required to trade on licensed platforms.
Crypto Facilities is owned by Kraken and goes by Kraken Futures. The company offers futures contracts in various leading cryptocurrencies. While the company has been granted the license, it will not go into effect until later this year.
By Emily Mason
Tags: Crypto Facilities,Kraken,Kraken Futures
Link: Crypto Facilities Has Become The First Crypto Firm To Receive An MTF License From The UK [Copy]
