OKX Aims to Elevate Corporate Solutions in Europe with MiFID II License – BitRss

The crypto exchange OKX plans to provide regulatory-compliant derivative products to institutional investors in the European Economic Area with a MiFID II license from the Malta Financial Services Authority (MFSA). By acquiring a Malta-licensed entity, the company aims to expedite this process and expand its financial compliance strategy across Europe. Previously, OKX launched its local services in 30 EU countries with an existing MiCA license. With the new license, corporate solutions and advanced risk management systems will become more prominent in the crypto market.

Strengthening Financial Compliance in Europe with MiFID II License

The MiFID II license OKX intends to acquire mandates compliance with regulatory standards for crypto derivatives and investment solutions. This license will facilitate collaborations with institutional investors in Europe and require transparent risk management mechanisms. OKX Europe CEO Erald Ghoos emphasized that this process will increase partnerships with top-tier financial institutions.

Under MiFID II, the derivative products offered by OKX are expected to align with investor protection standards. The company aims to activate the licensed s…