Cryptocurrency exchange OKX chooses Malta as its European hub, aligning with MiCA regulatory framework.

Cryptocurrency exchange OKX plans to establish Malta as its European hub in compliance with the Markets in Crypto Assets (MiCA) regulatory framework. The company initially announced France as its EU base, but shifted to Malta due to perceived leniency in regulation. Companies need to secure a Crypto Asset Service Provider (CASP) license to comply with MiCA rules, which are expected to be fully implemented in December.

July 11, 2024
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