FTX is coming to Europe! The global crypto derivatives and spot trading exchange receives approval from the Cyprus Securities and Exchange Commission to launch a European branch of FTX_Official. (Reporting via _prashantjha)
their new venture will be “interacting with regulators in various countries across Europe to continue to provide a safe and secure environment for people to trade crypto."The exchange claimed that their launch in Europe in a regulated manner would be key to their further expansion in the region. The exchange aims to maintain interactions with regulators in various countries across Europe to build a safe a secure ecosystem to trade crypto.
The global crypto exchange currently valued at $32 billion, is looking to expand its scope of services to new regions as well as fund and build nascent crypto ecosystems including such as gameFi and play-to-earn. The global crypto exchange recently announced a $2 billion venture capital fund to support development for Web3 across social, gaming, fintech, software, and healthcare.
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