Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Cryptoknowmics 2022-07-14 12:33:12

OKX Acquired a Provisional Virtual Assets License in Dubai

The Dubai Virtual Assets Regulatory Authority (VARA) has granted OKX a provisional virtual assets license, enabling them to deliver more services to accredited investors and financial service providers in Dubai, United Arab Emirates (UAE). The OKX team informed in a statement that the license enables them to expand their products and services in the area. The exchange will thus make it easier for people to share knowledge and conduct research within the VARA regulatory ecosystem. 🇦🇪 OKX has been granted a provisional virtual assets (VA) license to provide services to qualified investors in the UAE, the broader GCC, Africa, and beyond. This will enable #OKX to innovate for the future in a healthy, regulated framework.#BetterFuture — OKX (@okx) July 14, 2022 The team emphasized that maintaining regulatory compliance is essential because it safeguards users. The compliance framework provided by Dubai’s VARA, in the opinion of Tim Byun, government relations officer of OK Group, represents UAE’s leadership in fostering the future of the global economy. OKX Acquired Virtual Assets License in Dubai The Dubai Virtual Assets Regulatory Authority has granted OKX a provisional virtual assets license. Dubai is a pioneer in the regulation of the virtual assets sector, and it is swiftly becoming one of the top global hubs for the industry. Tim Byun added that the VARA license enables companies to adhere to regulations like ‘knowing your c...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.