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Backpack EU, the new owner of FTX EU, has launched a regulated perpetual futures platform in Europe. The move follows a settlement with Cyprus regulators and the acquisition of a MiFID II license. This marks one of the first fully regulated crypto derivatives offerings in the region.
- Settled with CySEC and obtained MiFID II licensing for compliance.
- Refunded all former FTX EU customers before commencing new services.
- One of the first fully regulated perpetual futures platforms in Europe.
📎 Related coverage from: cointelegraph.com