Express

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

  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 20 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 8 days ago
  • You need to login to comment.