The post OKX selects Malta as MiCA hub for EU crypto compliance appeared on BitcoinEthereumNews.com.

OKX selects Malta for its MiCA hub, leveraging its existing VFA Class 4 license and regulatory infrastructure for expanded EU crypto services. OKX, a crypto exchange and Web3 technology company, has announced that Malta will serve as its Markets in Crypto-Assets (MiCA) hub to ensure compliance with regulatory requirements in the European Union. In a press release shared with Cointelegraph, OKX explained that Malta was chosen for its “high regulatory standards” and the firm’s existing team and infrastructure in the country. Speaking with Cointelegraph, Erald Ghoos, the OKX Europe general manager, explained the decision further, explaining that the company has had its “VFA Class 4 license in Malta since 2021.” Read more Source: https://cointelegraph.com/news/okx-malta-mica-hub-eu?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

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Filed under: News - @ July 18, 2024 8:18 pm