OKX Fined $2.6 Million in Netherlands for Registration Failure

OKX has been fined €2.25 million ($2.6 million) by the Dutch central bank for providing crypto services without registration between July 2023 and August 2024. The exchange clarified that Dutch customers have been migrated to its fully MiCA-licensed European entity, ensuring compliance. OKX noted that the fine was the lowest possible level for a major exchange and was further reduced due to corrective measures. The company confirmed no customer impact and emphasized its continued commitment to regulatory compliance in Europe and beyond.

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