Crypto News

OKX Acquires MiFID II License for European Expansion Cryptocurrency exchange OKX has acquired a key European Union license that will enable the company to offer derivatives products throughout the region. This move marks a significant step for the exchange as it expands its services to a more advanced segment of the trading community. With the acquisition of the Markets in Financial Instruments Directive (MiFID II) license, OKX is well-positioned to tap into the growing demand for crypto derivatives in Europe. What is MiFID II and Why is it Important? MiFID II is a set of regulations implemented by the European Union to regulate financial markets and protect investors. It aims to promote transparency, fairness, and efficiency in financial markets by setting minimum standards for financial products and services. The acquisition of this license by OKX demonstrates the exchange's commitment to complying with regulatory standards and providin...