TechFlow news, November 26 — According to Cointelegraph, cryptocurrency exchange OKX has expanded its European operations by launching a trading platform and self-custody wallet in Belgium. With OKX's newly launched services, Belgian customers can now conduct spot trading and access over 200 cryptocurrencies, including 60 trading pairs priced in euros.
Erald Ghoos, OKX's General Manager for Europe, stated that this launch does not involve direct regulatory approval from Belgian authorities. "We did not receive regulatory approval, only permission to operate activities in Belgium. We provide our services through regulated entities within the EU and do not have any permanent establishment in Belgium," Ghoos said.
OKX’s services in Belgium are offered via Okcoin Europe, a Malta-registered company authorized by the Malta Financial Services Authority as a Virtual Financial Assets Service Provider. To facilitate euro deposits and withdrawals, OKX has partnered with Bancontact, a popular payment system in Belgium.
