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2 clusters · 4 sources · 12 days · First seen · Last updated

OKX service expansion in Europe and UAE

Overview

OKX has introduced new financial products and services across different regions. In the European Economic Area, OKX Europe launched a flexible USDC loan service, allowing eligible users to borrow USD Coin using cryptocurrencies like Bitcoin, Ether, and Solana as collateral. The service offers variable hourly interest rates and allows for partial or full repayments at any time.

In the United Arab Emirates, OKX UAE, operating under a VARA license, expanded its offerings by launching over 80 tokenised US stocks. This service provides 1:1 price exposure to major technology and AI companies with 24/7 trading capabilities. Additionally, the company established a partnership with the Dubai-based Trust Training and Development Institute to provide free financial market education, including seminars on forex, stocks, and risk management.

Entities

OKX · Trust Training and Development Institute · United Arab Emirates · Virtual Assets Regulatory Authority · OKX Europe Limited

Timeline

  1. [BUSINESS] 2 sources
    OKX expands UAE services with tokenised US stocks and educational partnership

    OKX has launched tokenised US stocks in the UAE via its VARA-regulated arm and partnered with Trust Institute to offer free financial market education.

  2. [BUSINESS] 2 sources
    OKX launches flexible USDC loans for European users

    OKX Europe has introduced flexible USDC loans for EEA users, allowing them to borrow against crypto collateral with variable hourly interest and no fixed repayment dates.

Sources

crypto.news · gulfnews.com · thefintechtimes.com · tokenpost.com