Okcoin secures regulatory approval in Malta and the Netherlands

Cointelegraph

Published Jul 29, 2021 05:31PM ET

Updated Jul 30, 2021 07:20PM ET

Cryptocurrency exchange Okcoin may soon be opening its doors wider to crypto traders in Malta and the Netherlands following approval from key regulators.

In a Thursday announcement, Okcoin 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.

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