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OKX will begin Operation in Dubai within the year

June 26 (Cointime) -OKX received a Minimal Viable Product (MVP) preparatory license from the Dubai Virtual Assets Regulatory Authority (VARA) on June 15, according to a company statement.

Gaining the license is the required step toward offering spot, derivatives, and fiat services, including US dollar and United Arab Emirates Dirham (AED) deposits, withdrawals, and spot pairs, to institutional and qualified retail customers in Dubai.In the statement, OKX said the United Arab Emirates is a key strategic hub for the exchange and it will operate from the new office in the Dubai World Trade Center.

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