-
Crypto exchange OKX secures Dubai’s VARA license to target retail clients
OKX, one of the world’s largest cryptocurrency exchanges, has been granted a regulatory license in Dubai that will allow it to offer crypto services to retail clients, the company said on Tuesday. Dubai’s Virtual Assets Regulatory Authority (VARA) has awarded OKX Middle East a Virtual Asset Service Provider (VASP) license for exchange services. When operational, it will enable OKX to provide spot services and spot-pairs services to qualified retail clients, as well as institutional customers. The United Arab Emirates is pushing to become a global hub for the crypto industry. VARA was formed in March 2022 to ... (full story)