The major cryptocurrency exchange OKCoin has expanded to Europe by opening an office in Malta.
OKCoin users outside of the U.S. can now deposit and withdraw euros. Starting at 8:00 pm PT, June 4th, all OKCoin users can participate in euro spot trading for leading digital assets, such as Bitcoin, Ethereum, and Bitcoin Cash. We will be adding more euro digital asset pairs to OKCoin in the future, so our users should monitor our platform for an up-to-date list. Oh, and did we mention that from now until September 4th, you can deposit and withdraw euros for FREE!
We’ve also opened a brand-new office in Malta, the “Blockchain Island” of the European Union. Our new office is part of the chiliZ Blockchain Campus, an accelerator and hub connecting some of the industry’s largest stakeholders across Asia and Europe.
Our new European OKCoin affiliate will feature a tailored set of trading services and digital assets that are compliant with the Virtual Financial Asset Act (“VFAA”), regulated by the Malta Financial Services Authority. Within the Malta distributed ledger technology and digital asset framework, OKCoin will be able to list token projects and introduce diverse payment options quickly and safely to our European users. In addition to these exciting offerings from Malta, we will continue to provide our customers with access to a secure, reliable and advanced digital asset trading platform built on OKCoin’s cutting-edge technology.
The full press release is here.
This is vote of confidence in “blockchain island” and work that the MFSA has done to create an environment where cryptocurrency businesses can flourish.