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OKX Secures VASP License in Dubai, Expanding Its Global Presence in the Virtual Asset Market

OKX has obtained a Virtual Asset Service Provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA) in a strategic move to strengthen its global presence. The license allows OKX to offer a range of regulated virtual asset exchange services, including spot and fiat trading, AED deposits and withdrawals, and spot trading pairs. Once the license becomes operational, these services will be accessible to both retail and institutional users through the OKX App and OKX.com Exchange. This regulatory milestone not only marks OKX's leap into a new era but also signals the beginning of Dubai's potential to become a hub of excellence for Web3 and virtual assets.

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