FTX, one of the world’s most popular cryptocurrency exchanges, has announced that it has established FTX Europe and received approval from the Cyprus Financial Market Regulator (CySEC) under the domain name ftx.com/eu.
According to a March 7 press release, FTX announced that it has established FTX Europe as part of its global expansion plans. FTX Europe, founded by FTX, is in Europe and the Middle East. enlargement thoughts one Part of it It is said to be.
FTX Europe, headquartered in Switzerland, is currently Europe’s appropriate licenses in some regions. through an investment firm with FTX will begin to offer its services. Users in these regions will be able to trade cryptocurrencies within the scope of FTX services.
Announcing that they will establish an additional center in Cyprus besides the Swiss headquarters, the company has been informed by the regulators for future regulations. serious amount money announced that they will be separated.
For investment firms to reputable jurisdiction Cyprus, which owns the European Union, provides services to three more countries.
FTX CEO and Founder Sam Bankman-Fried said in a statement on the subject:
We are excited about the operation we have started to serve Europe. We are constantly looking for new opportunities as we continue to grow. We want to be an exchange licensed and regulated by every country we enter. We will interact with regulators in Europe to provide a suitable environment for people to trade cryptocurrencies safely.
said.
Thanks to CySEC’s approval of FTX, the company will be able to offer services in many countries.