OKX Exchange is headquartered in Malta. The exchange moved to Malta in 2021 in response to China’s regulatory crackdown on the cryptocurrency industry, and Malta is known for its crypto-friendly regulatory environment. OKX Exchange holds a virtual financial assets license in Malta and has established its main operations, including team, operations and technical infrastructure.
The location of OKX Exchange
OKX Exchange is a digital asset exchange headquartered in Malta.
Detailed Background
OKX Exchange was established in China in 2017 and was originally named OKEx. In 2021, the company relocated to Malta amid the Chinese government’s regulatory crackdown on the cryptocurrency industry.
Malta was chosen as the new headquarters of OKX exchange due to its crypto-friendly regulatory environment and support for blockchain technology. The country passed the Malta Digital Innovation Management Act, providing a legal framework for cryptocurrency exchanges and blockchain companies.
OKX Exchange has established its main operations in Malta, including team, operations and technical infrastructure. The exchange also holds a virtual financial assets (VFA) license from the Malta Financial Services Authority (MFSA).
OKX Exchange also has a presence in other jurisdictions, including the United States, Japan and South Korea. However, its headquarters and main operations remain in Malta.
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