OKCoin started operations in the European Union
The crypto exchange announced on Wednesday the launch of its commercial activity in the EU for non-US citizens and EUR/crypto trading pairs
The cryptoexchange based in China OKCoin, announced on Wednesday the expansion of its commercial activity to the European Union with the opening of pairs of euros to operators for the first time.
With this launching, OKCoin offers the opportunity to non-US users to make transactions with bitcoin, ethereum and bitcoin cash. In a publication on its blog, the platform clarified that the euros can be deposited and withdrawn without charge until next September 4.
The company also announced the decision to open a new office on the island of Malta, with a “set of commercial services and digital assets that comply with the Law of Virtual Financial Assets, regulated by the Financial Services Authority of Malta.”
OKCoin will work in the EU according to the framework of the blockchain technology and the cryptocurrencies in its jurisdiction. Among its scope is the possibility of listing token projects and introducing several fast and secure payment options to customers.
Jovan Gavrilovic, European CEO of OKCoin, said: “Europe is essential for the evolution of the cryptocurrency markets. It is home to many progressive ideas to innovate and interrupt the status quo of the global financial system, while maintaining a balanced regulatory framework.”
M.Pino
Source: Diario Bitcoin
