The expansion would be the private bank's first for its crypto offering beyond its native Switzerland, where it has provided digital asset services since the start of 2020.
Once the so-called MVP license becomes operational, OKX Middle East will offer spot, derivatives and fiat services including U.S. dollar and UAE dirham deposits and withdrawal...
The mandatory licensing regime applies to all companies seeking to provide services in the country, unless they are already licensed in financial free zones in the United Arab...