[World's first] B2C2 obtains CFD (Contract for Difference) license from UK financial authorities! Trading of Bitcoin, Ripple, and more is now possible!
B2C2 Receives CFD License
B2C2, known as a world-leading provider of cryptocurrency liquidity, announced on January 31.
Its subsidiary, B2C2 OTC Ltd., has obtained a regulatory license from the UK Financial Conduct Authority (FCA) to offer cryptocurrency-compliant CFDs (Contract for Difference).
According to the announcement, the five currencies that B2C2 OTC Ltd. will treat as cryptocurrency CFDs are as follows.
- Bitcoin (BTC)
- Ethereum (ETH)
- Ripple (XRP)
- Bitcoin Cash (BCH)
- Litecoin (LTC)
Cryptocurrency CFDs have existed before, but B2C2 is the first to receive regulatory authorization from the FCA.
Max Boonen, co-founder and CEO of B2C2, commented as follows in light of this announcement.
Mr. Max Boonen
We are greatly pleased to have obtained FCA authorization for treating cryptocurrencies as CFD products.
With this FCA approval, eligible counterparties and professional clients will be able to participate in the cryptocurrency market while mitigating risks related to crypto custody, and will benefit from competitive pricing and liquidity provided by B2C2.
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