.jpg){kind=avatar}
The company said FTX Europe will offer the parent’s products and services to European Union clients via a partnership with a “licensed investment firm” it didn’t name. FTX Europe will be headquartered in Switzerland, with approval to operate from the Cypriot financial regulator CySEC.
“As we continue to grow, we are constantly looking at opportunities to become appropriately licensed and regulated in every market we enter,” FTX Chief Executive Officer Sam Bankman-Fried said in the statement. “We’ll be interacting with regulators in various countries across Europe to continue to provide a safe and secure environment for people to trade crypto.”
More posts by Sarah Wolter
Recent posts from News by FinTech Collective