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.