Bloomberg: OKX plans to establish its European headquarters in Paris and is currently seeking regulatory approval

ChainCatcher news, according to Bloomberg, OKX plans to establish its European headquarters in Paris and hire about 100 employees in the country over the next three years. The platform is seeking to register as a Digital Asset Service Provider (DASP) with the French Financial Markets Authority (Autorité des Marchés Financiers).

It is reported that to obtain registration, companies planning to operate trading platforms or custody of crypto assets in the country must meet certain anti-money laundering standards, including providing information on any significant shareholders, etc. (source link)