- OKX gets a MiFID II license to offer regulated derivatives and investment products for institutional clients in Europe.
- The exchange expands its services by acquiring a Malta-licensed entity and awaits final approval from the MFSA.
- OKX plans to enhance institutional trading with new risk management tools and secure compliance with European regulations.
OKX has obtained a Markets in Financial Instruments Directive (MiFID II) license by acquiring a Malta-licensed entity. This regulatory step will enable the exchange to introduce compliant derivative products for institutional clients across the European Economic Area. The approval from the Malta Financial Services Authority is still pending.
Strategic Move to Strengthen European Market Presence
The announcement was made during an event on Manoel Island, Malta. The company aims to solidify its position in the European market by offering institutional-grade investment solutions. The newly acquired entity will commence operations later this year once regulatory clearance is received.
The MiFID II license enables the company to deliver regulated derivatives services with investment solutions to customers while maintaining European financial regulatory compliance. A properly structured regulatory framework will enable institutional clients to access digital asset market opportunities.
Previous Regulatory Approvals and Market Expansion
OKX previously secured a full Markets in Crypto-Assets license, permitting localized crypto trading services across 30 EU member states. The MiCA framework covers various services, including spot trading, over-the-counter transactions, and automated trading solutions.
The regulatory shift comes as Binance recently announced the delisting of all non-MiCA-compliant stablecoin trading pairs for EEA users. OKX’s MiFID II expansion aligns digital assets with traditional financial markets, ensuring compliance and stability in institutional offerings.
New Investment Products and Institutional Services
With the MiFID II approval, OKX plans to introduce advanced derivatives and investment products for institutional investors. Risk management tools and tailored trading solutions will be integrated to ensure security and compliance with European standards.
Broader Trading and Payment Solutions
Institutional clients will gain access to new derivatives trading services. OKX currently supports over 240 cryptocurrency tokens, 300 trading pairs, and 60 euro-based pairs.
The exchange also plans to expand fiat on-ramp options, allowing users to deposit and withdraw euros at no cost via bank transfers. Card payments and other local payment methods are also supported.
OKX continues to enhance its platform by offering localized services, including customer support in multiple languages. The company is set to streamline Know Your Customer (KYC) processes to improve accessibility for European users.
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