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Regulation

6 posts
Exploring New Horizons: OKX Secures VASP License in Dubai
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Exploring New Horizons: OKX Secures VASP License in Dubai

OKX, a prominent cryptocurrency exchange, revealed the acquisition of the license from the Dubai Virtual Assets Regulatory Authority. However, it's important to note that the license remains non-operational until specific conditions and localisation requirements are completely met. The company emphasises that, once operational, the VASP license will empower OKX Middle East to extend a suite of duly regulated virtual asset activities, offering spot services and spot-pairs to institutional and qualified retail customers.
DeFi on the Brink of Regulation: FSB Joins Hands with Global Standard Setters
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DeFi on the Brink of Regulation: FSB Joins Hands with Global Standard Setters

Global standard setters team up to examine the risks and vulnerabilities of DeFi in light of growing concerns over the sector's operational fragilities, liquidity and maturity mismatches, leverage, and asset tokenization, and explore how to fill data gaps in measuring and monitoring the interconnectedness of DeFi with traditional finance.