The company said in a statement on Wednesday that Crypto Exchange OKX EUROPE acquired a licensed company from Malta with markets in Financial Instruments II (MIFID II) tools, which made it closer to providing derivative products throughout Europe.
The entity is expected to work later this year, as soon as the stock exchange obtains approval from the MFSA. The stock exchange did not say any company that you gained.
Thanks to the MIFID II license, OKX will be able to provide organized products and services for its institutional customers in the European Economic Zone, which includes 27 members of the European Union, as well as Iceland, Liechtenstein and Norway.
This is another step that strengthens The third largest exchange In terms of the maximum market in the European Union. A Markets in licensing encryption assets From Malta in January.
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