OKX News: OKX Secures MiFID II License to Expand Institutional Offering in Europe

In a significant regulatory milestone, OKX has announced the acquisition of the Markets in Financial Instruments Directive (MiFID II) license in Europe, marking a step forward in expanding its institutional offerings.

OKX Acquires MiFID II License in Europe

OKX has secured the Markets in Financial Instruments Directive (MiFID II) license in Europe, allowing it to expand its institutional offering. The crypto exchange’s Europe arm obtained the license through the acquisition of a Malta-licensed firm. The entity will launch its operations later this year after receiving approval from the Malta Financial Services Authority. Regulatory approval will enable OKX to offer derivative products and services targeted at institutional investors in the European Economic Area.

OKX Acquires MiFID II License in Europe for Institutional Derivatives

OKX has secured a Markets in Financial Instruments Directive (MiFID II) license, allowing the exchange to offer derivative products and services for institutional clients in Europe. The license is a step towards ensuring full compliance with European regulations. The announcement was made at a VIP event in Malta. In January, OKX received MiCA pre-authorization, marking a pivotal step in its expansion across the European Economic Area (EEA). The MiCA framework aims to establish a comprehensive regulatory framework for digital assets.