- OKX acquired MiFID II license, allowing it to expand its services across Europe, including derivatives
- Earlier this year, the exchange received pre-authorization under the MiCA framework
- The current offering includes OTC, spot, and automated trading options for more than 240 cryptocurrencies
OKX, a cryptocurrency exchange, has scored a Markets in Financial Instruments Directive II (MiFID II) license in Europe. This allows OKX to offer regulated derivatives products and services to institutional clients across the European Economic Area (EEA), pending final regulatory approvals.
MiFID II is a sweeping regulatory framework established by the European Union to oversee financial markets and improve investor protection. It sets strong standards for many financial products, including derivatives, and businesses in Europe have to follow it closely.
OKX is on a run lately, getting all kinds of authorization approvals. For instance, earlier this year in January, it became the first global crypto exchange to receive pre-authorization under the Markets in Crypto-Assets (MiCA) framework. This license enables OKX to offer localized products and services across 28 EEA m…
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