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OKX expands crypto exchange services to the Netherlands

OKX has launched its Web3 wallet and crypto exchange service in the Netherlands. The exchange will offer spot trading, crypto convert and other services, with support for 150 cryptocurrencies. OKX holds regulatory approval from De Nederlandsche Bank (DNB), the central bank of the Netherlands. Crypto exchange OKX has officially launched its Web3 wallet and exchange platform in the Netherlands. The expansion brings OKX’s crypto services , including spot trading, to the exchange ’s customers in the country, according to an announcement published on Monday, June 3. OKX to support over 150 cryptocurrencies According to the CEX platform, Dutch customers can now spot trade (buy and sell) as well as convert over 150 crypto currencies. Customers will have access to up to 60 euro- crypto trading pairs. OKX has integrated with iDeaL, a local payment platform, for deposits and withdrawals in EUR. Users will also enjoy free, instant deposits via the popul...

SFC releases updated AML/CFT checklist for virtual asset service providers

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The Securities and Futures Commission (SFC) has introduced an updated anti-money laundering and counter-financing of terrorism self-assessment checklist, aimed at enhancing compliance in the evolving virtual asset sector. The Securities and Futures Commission (SFC) has recently updated its anti-money laundering and counter-financing of terrorism self-assessment checklist self-assessment checklist. This is an important step for those involved in the world of virtual asset s and financial service s. The update d checklist is in line with the latest guidelines and is available on the SFC website, making it available for access. The purpose of this checklist is to help licensed corporations and virtual asset service providers review rules for preventing money laundering and terrorism financing. This is crucial as the finance world gets more complex with the addition of virtual assets. The SFC’s update is not just about following rules on paper. It puts a lot of responsibility ...