What is MiFID II?
Key Takeaways MiFID II is the EU’s core rulebook for investment services, in force since January 2018, and it is the legal basis for offering...
Key Takeaways MiFID II is the EU's core rulebook for investment services, in force since January 2018, and it is the legal basis for offering regulated crypto derivatives such as futures, perpetuals and CFDs to European clients. It sits next to MiCA, not on top of it: spot crypto falls under MiCA, while crypto derivatives fall under MiFID II, which is why exchanges often advertise both licences. A MiFID II licence brings real investor protections, but it also comes with strict retail limits, including a 2:1 leverage cap on crypto CFD-type products. In This Article Why You Keep Seeing MiFID II MiFID II in Plain Terms Where MiFID II Came From How Does MiFID II Work?