One Trading Exchange B.V. has secured full regulatory approval in the European Union under MiCAR and MiFID II, becoming the first platform with such a license.
One Trading's Regulatory Approval
One Trading Exchange B.V., headquartered in Amsterdam, obtained its crypto-asset service provider (CASP) license from the Dutch Authority for the Financial Markets (AFM). The acquisition of this license in conjunction with the existing MiFID II authorization allows the platform to offer spot and perpetual futures trading in crypto assets within a unified regulated framework.
Features of One Trading Platform
One Trading offers a vertically integrated platform that handles issuance, matching, margining, and settlement in-house. This structure enhances transaction execution speed and risk management. Clients can utilize cross-margining to hedge spot positions against futures in real time, with settlement times as short as one minute and leverage up to 10x.
Impact on Crypto Market in Europe
The regulatory status enables One Trading to implement multilateral trading of crypto-assets and MiFID II instruments, which is rare in the industry. This positioning provides an opportunity to bridge traditional finance and crypto markets within a single legally sound framework. The approval comes amid the European Central Bank's efforts to push for a digital euro.
Other platforms in Europe may look to One Trading's experience as an example of how to create a regulated and secure trading environment for customers in the crypto space.
