One Trading, a digital asset exchange, has obtained approval from the Dutch regulatory authority to offer cryptocurrency derivatives trading in Europe.

Deep Tide TechFlow News, on July 30th, according to Coindesk, the Dutch Financial Markets Authority approved $One Trading to operate as a regulated derivatives exchange, becoming $one of the first crypto companies in Europe to offer perpetual futures trading. The Netherlands-based digital asset exchange $One Trading has obtained an Organized Trading Facility (OTF) license, becoming a regulated cryptocurrency derivatives exchange. The exchange (formerly Bitpanda Pro) with its new license is established as a Markets in Financial Instruments Directive (MIFID) II trading venue. With this license, $One Trading becomes the only perpetual futures trading venue in the EU and the first perpetual contract platform settled in cash. Founder and CEO Joshua Barraclough stated that the company will launch new regulated products, providing institutional-grade solutions, with the initial focus on $BTC and $ETH products.