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OKX To Offer Crypto Derivatives In Europe Despite Bybit Hack Scrutiny - FinanceFeeds

Retrieved on: 2025-03-12 22:14:48

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Summary

The article discusses OKX, a major crypto exchange, acquiring a MiFID II license to offer derivatives trading in Europe, aligning with increasing EU regulatory clarity on crypto assets. This move highlights ongoing shifts towards decentralized finance and regulatory compliance among large exchanges. However, OKX's involvement in laundering funds from a Bybit hack raises questions about its Web3 wallet's compliance under the MiCA framework.

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