Backpack EU, Successor to FTX EU, Launches Regulated Perpetual Futures
- Backpack EU launched a regulated perpetual futures trading platform in Europe.
- The exchange began operations after settling with regulators in Cyprus.
- Backpack EU operates with CySEC’s MiFID II license
Backpack EU, the owner of the former FTX EU, which was the European arm of the defunct FTX cryptocurrency exchange, is launching a regulated perpetual futures trading platform in Europe. According to reports, Backpack embarked on the latest move after settling with regulators in Cyprus and securing the MiFID II license.
A new phase for Backpack EU
It is worth noting that Backpack is registered with the Cyprus Securities and Exchange Commission (CySEC) with the company name Trek Labs Europe. In a recent announcement, the firm noted that it has fulfilled its promise and refunded former FTX EU customers who were victims of the Sam Bankman-Fried-run crypto exchange a few years ago.
Related: FTX EU Fund Claims: Backpack Finally Opens Euro Withdrawals
In the meantime, Backpack noted that launching the perpetual futures trading platform introduces a new era for the crypto exchange. According to the company’s CEO, Armani Ferrante, Backpack has commenced it…
The post Backpack EU, Successor to FTX EU, Launches Regulated Perpetual Futures appeared first on Coin Edition.
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Backpack EU, Successor to FTX EU, Launches Regulated Perpetual Futures
- Backpack EU launched a regulated perpetual futures trading platform in Europe.
- The exchange began operations after settling with regulators in Cyprus.
- Backpack EU operates with CySEC’s MiFID II license
Backpack EU, the owner of the former FTX EU, which was the European arm of the defunct FTX cryptocurrency exchange, is launching a regulated perpetual futures trading platform in Europe. According to reports, Backpack embarked on the latest move after settling with regulators in Cyprus and securing the MiFID II license.
A new phase for Backpack EU
It is worth noting that Backpack is registered with the Cyprus Securities and Exchange Commission (CySEC) with the company name Trek Labs Europe. In a recent announcement, the firm noted that it has fulfilled its promise and refunded former FTX EU customers who were victims of the Sam Bankman-Fried-run crypto exchange a few years ago.
Related: FTX EU Fund Claims: Backpack Finally Opens Euro Withdrawals
In the meantime, Backpack noted that launching the perpetual futures trading platform introduces a new era for the crypto exchange. According to the company’s CEO, Armani Ferrante, Backpack has commenced it…
The post Backpack EU, Successor to FTX EU, Launches Regulated Perpetual Futures appeared first on Coin Edition.
Read More
MYX Nears All-Time High After 22% Rise, But Here’s Why A Reversal Is Likely