Perpetuals Gains MiFID II Approval for Direct Crypto Derivatives Execution Across 30+ EEA States
CySEC has approved Perpetuals.com's MiFID II license expansion to include direct reception, transmission and execution of crypto derivative orders within its regulated MTF, eliminating broker and clearing house intermediaries. The passportable license covers over 30 EEA countries and introduces Barrier Futures with BayesShield risk surveillance in an integrated trading stack.
1. MiFID II License Expansion
The Cyprus Securities and Exchange Commission has approved Perpetuals.com's MiFID II license expansion to include reception, transmission and execution of client crypto derivative orders within its CySEC-regulated multilateral trading facility.
2. Full Vertical Integration
Perpetuals has replaced third-party brokers and clearing houses with proprietary onboarding, matching engine and clearing infrastructure, creating a single regulated entity for leveraged crypto trading across the European Economic Area.
3. Pan-EEA Access and Investor Safeguards
The passportable license covers more than 30 EEA countries, providing clients best execution protections, segregated asset accounts, MiFID II and MAR transaction reporting, plus membership in the Cyprus Investor Compensation Fund.
4. Competitive Edge and Product Rollout
As the first European trading venue to combine MTF regulation with direct client execution, Perpetuals plans to launch Barrier Futures under the expanded license, backed by its BayesShield risk management system.