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The entity is expected to become operational later this year, once the exchange gets approval from the Malta Financial Services Authority (MFSA). The exchange did not say which firm it acquired.

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OKX Europe Acquires MiFID II-Licensed Company in Malta

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OKX secured a MiFID II license by acquiring a licensed firm in Malta, which will allow the exchange to offer crypto derivatives products to institutional investors across the EU, pending approval from the Malta Financial Services Authority

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