Crypto Alternate OKX Quietly Settled ‘Failings’ Associated to Okcoin With Malta Monetary Companies Authority (MFSA)

Crypto Alternate OKX Quietly Settled ‘Failings’ Associated to Okcoin With Malta Monetary Companies Authority (MFSA)

by Jeremy

“On 22 January 2024 the MFSA agreed to settle pending issues with the Firm after demonstration of goodwill by the Firm,” the regulator stated. “Moreover, the Firm and the MFSA have additionally agreed on quite a lot of measures, together with the appointment of an unbiased third-party service supplier, to inter alia, evaluate the adequacy of the Firm’s governance preparations.”

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