DUTCH CENTRAL BANK CRYPTOCURRENCY REGISTRATION
DUTCH CENTRAL BANK CRYPTOCURRENCY REGISTRATION
Amsterdam, the Netherlands - Flow Traders N.V. (“Flow Traders”) (Euronext: FLOW) announces that its subsidiary has successfully registered with the Dutch Central Bank (DNB) in line with recent regulations relating to cryptocurrency to fiat currency trading.
With the receipt of this registration from the DNB, Flow Traders can continue to enhance its already leading spot OTC cryptocurrency proposition to institutional counterparties. Accordingly, Flow Traders is now registered as a liquidity provider to exchange cryptocurrencies for fiat currencies and vice versa.
As well as being a leading spot OTC cryptocurrency liquidity provider, Flow Traders is the #1 market maker in cryptocurrency ETPs and is providing 24/7 liquidity on cryptocurrency exchanges across the globe.
Folkert Joling, Chief Trading Officer stated:
“Flow Traders is delighted to have been registered by the DNB and welcomes the new regulation in the crypto arena. This regulatory status is another positive next step as we seek to strengthen our market leading position in spot OTC crypto in Europe. Flow Traders remains committed to fair and transparent markets and our crypto capabilities align with the continued adoption of this asset class by institutional investors as well as increased recognition by regulators. Institutional counterparties can reach out to the Flow Traders Institutional Trading team in Amsterdam and London.”
Institutional Trading - Europe
Amsterdam: +31 20 7996777
London: +44 20 3986 4000
Jonathan Berger / Investor Relations Officer
Phone: +31 20 7996799
About Flow Traders
Flow Traders is a leading global financial technology-enabled liquidity provider in financial products, historically specialized in Exchange Traded Products (ETPs), now expanding into other asset classes. Flow Traders ensures the provision of liquidity to support the uninterrupted functioning of financial markets. This allows investors to continue to buy or sell ETPs or other financial instruments under all market circumstances. We continuously grow our organization, ensuring that our trading desks in Europe, the Americas and Asia can provide liquidity across all major exchanges, globally, 24 hours a day. Founded in 2004, we continue to cultivate the entrepreneurial, innovative and team-oriented culture that has been with us since the beginning.
Important Legal Information
This press release is prepared by Flow Traders N.V. and is for information purposes only. It is not a recommendation to engage in investment activities and you must not rely on the content of this document when making any investment decisions. The information in this document does not constitute legal, tax, or investment advice and is not to be regarded as investor marketing or marketing of any security or financial instrument, or as an offer to buy or sell, or as a solicitation of any offer to buy or sell, securities or financial instruments.
The information and materials contained in this press release are provided ‘as is’ and Flow Traders N.V. or any of its affiliates (“Flow Traders”) do not warrant the accuracy, adequacy or completeness of the information and materials and expressly disclaim liability for any errors or omissions. This press release is not intended to be, and shall not constitute in any way a binding or legal agreement, or impose any legal obligation on Flow Traders. All intellectual property rights, including trademarks, are those of their respective owners. All rights reserved. All proprietary rights and interest in or connected with this publication shall vest in Flow Traders. No part of it may be redistributed or reproduced without the prior written permission of Flow Traders.
Flow Traders expressly disclaims any obligation or undertaking to update, review or revise any forward-looking statements contained in this press release to reflect any change in its expectations or any change in events, conditions or circumstances on which such statements are based unless required to do so by applicable law.
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