#OKX
BlockBeats News, July 28. According to official sources, OKX has announced that it is the first global exchange platform to launch regulated crypto derivative products for retail users in the United Arab Emirates. These products include futures contracts, perpetual swaps, and options, all supporting leverage of up to 5x. This initiative not only expands the strategic options for retail users in volatile markets but also demonstrates OKX's ongoing commitment to compliance, security, and user education.
This product launch would rely on the "Innovation Sandbox Framework" of the Dubai Virtual Assets Regulatory Authority (VARA), which aims to provide a controlled testing environment for innovative financial products, thereby encouraging innovation while strengthening regulatory safeguards.
