Crypto exchange OKX has launched operations in the UAE, targeting both retail and institutional investors. The exchange received full regulatory approval from the Virtual Assets Regulatory Authority (VARA) nine months ago and has now become the first major exchange to offer an AED-denominated order book and integration with a local bank. The aim is to attract retail clients and entice institutions that have been hesitant to enter the crypto market. OKX's banking partner is Zand Bank, the UAE's first fully licensed all-digital bank. The exchange plans to offer 280 tokens and 400 trading pairs in the region.



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