TechFlow News — On July 30, according to Coindesk, the Dutch Authority for the Financial Markets (AFM) has approved One Trading to operate as a regulated derivatives exchange, making it one of the first crypto firms authorized to offer perpetual futures trading in Europe. Based in the Netherlands, the digital asset exchange One Trading has obtained an Organized Trading Facility (OTF) license, officially establishing itself as a regulated cryptocurrency derivatives exchange. This new license positions the exchange (formerly Bitpanda Pro) as a trading venue under the Markets in Financial Instruments Directive (MiFID) II.
With this license, One Trading becomes the only perpetual futures trading venue within the EU and the first cash-settled perpetual contracts platform. Founder and CEO Joshua Barraclough stated that the company will launch new regulated products and provide institutional-grade solutions, initially focusing on BTC and ETH products.
