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Okcoin Cryptocurrency Exchange Secures Regulatory Approval in Malta and the Netherlands

Amy Liu

Summary: In a Thursday announcement, Okcoin Cryptocurrency exchange  said it had secured formal registration from the central bank in the Netherlands and secured "in principle" approval for a virtual financial assets license from the Malta Financial Services Authority. In addition, the exchange has obtained a money transmitter license for the U.S. territory of Puerto Rico. Founded ...

In a Thursday announcement, Okcoin Cryptocurrency exchange  said it had secured formal registration from the central bank in the Netherlands and secured "in principle" approval for a virtual financial assets license from the Malta Financial Services Authority. In addition, the exchange has obtained a money transmitter license for the U.S. territory of Puerto Rico.

Founded in 2013, Okcoin is one of the world’s oldest crypto exchanges and has steadily expanded to now serve customers in more than 185 countries. 

“With these licenses, we will continue growing our presence aggressively in Europe and adding payment rails and banking partnerships,” said Okcoin CEO Hong Fang.

By Amy Liu

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