EU watchdog urges banks to prioritize clients in AI usage

The EU's top financial regulator, ESMA, mandates that banks and investment firms ensure AI tools prioritize client interests, reinforcing accountability under MiFID.

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OKX Crypto Exchange Obtains MiFID II License in Europe: A Major Regulatory Achievement

OKX, a popular cryptocurrency exchange, has recently obtained a license under the Markets in Financial Instruments Directive II (MiFID II) in Europe. This achievement marks a significant milestone for OKX, allowing the exchange to expand its services and operations within the European Union. MiFID II is a regulatory framework that aims to enhance transparency, investor [...]

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Kraken Expands European Crypto Presence with MiFID License Acquisition

Crypto exchange Kraken achieved a more assertive European market position by obtaining the Markets in Financial Instruments Directive (MiFID) license. The company received this milestone after acquiring an investment firm from the Cyprus Securities and Exchange Commission (CySEC). The new regulatory permit allows Kraken to provide its advanced trader clients with regulated crypto derivatives trading […]

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