French regulators welcome leading crypto exchange OKX

French regulators welcome leading crypto exchange OKX

A welcoming embrace from French regulators has led crypto exchange OKX to opt for making France a central base for its operations.
OKX seeks French regulatory approval
With an eye towards expansion into Europe cryptocurrency exchange OKX has taken a significant step forward by requesting approval from French regulators to establish their European base of operations in Paris, joining other overseas crypto firms. 
To become accredited as a digital asset service provider (DASP) OKX has initiated the regulation process with the French regulatory authority – Autorité des Marchés Financiers – requiring compliance with various demands such as anti money laundering standards and major shareholder transparency in addition to fulfilling specific criteria pertinent to running trading platforms or safeguarding crypto assets. 
Plans to scale French workforce
According to a report on Bloomberg, OKX, thus far domiciled in the Seychelles, will be adding around ten employees in France within six mo

Czytaj więcej

We współpracy z: https://cryptodaily.co.uk/2023/05/french-regulators-welcome-leading-crypto-exchange-okx

Total
0
Shares
Dodaj komentarz

Podobne Wpisy