OKX Applies for Regulatory Approval in France
We today announced the filing of application in France to become a registered Digital Asset Service Provider (DASP) under the rigorous requirements set out by Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR).
Our decision to register with the AMF follows the incorporation of OKX France in April and demonstrates the dedication to growing our European presence. Registration with the AMF will enable us to offer a suite of products and services to customers in France in full compliance with local regulations.
Beyond the sound and transparent regulatory framework it offers, France has a high concentration of crypto enthusiasts and experienced traders and the highly qualified workforce available, necessary to our development.
Compliance, regulation and transparency are critical factors for the success of the crypto and blockchain industry. Over the years, we have taken measures to ensure compliance, including growing its international compliance team, as well as actively fighting fraud and ransomware. In terms of transparency, we are continuously enhancing the approach to exceed market standards and achieve real-time, trustless verification of reserves, liabilities and solvency.
In March, we announced that we would apply for virtual asset service provider licences in Hong Kong. We're currently licensed in the Bahamas and have a provisional licence from VARA in Dubai.
Digital assets, including stablecoins, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. OKX does not provide investment or asset recommendations. You are solely responsible for your investment decisions, and OKX is not responsible for any potential losses. Past performance is not indicative of future results. Please consult your legal/tax/investment professional for questions about your specific circumstances. OKX Web3 features, including OKX Web3 Wallet and OKX NFT Marketplace, are subject to separate terms of service at www.okx.com.
© 2025 OKX. This article may be reproduced or distributed in its entirety, or excerpts of 100 words or less of this article may be used, provided such use is non-commercial. Any reproduction or distribution of the entire article must also prominently state: "This article is © 2025 OKX and is used with permission." Permitted excerpts must cite the name of the article and include attribution, for example "Article Name, [author name if applicable], © 2025 OKX." No derivative works or other uses of this article are permitted.
