Digital trading platform OKCoin recently opened a branch in Malta and also revealed its expanded trading offers.
In a recently published blog post, OKCoin announced that customers outside of the United States can now deposit and withdraw euros on its platform, as well as engage in spot trading for cryptos like bitcoin (BTC), bitcoin cash (BCH), and ether (ETH). The company also has plans to include more euro digital asset pairings in the near future.
New Office in Malta
Aside from its new offers, OKCoin has also opened a new office in Malta. It’s located in the chiliZ Blockchain Campus, the country’s blockchain accelerator and technology hub. The company assured its latest branch will comply with Malta’s Virtual Financial Asset Act, which is regulated by the country’s Financial Services Authority.
OKCoin’s general manager of Europe Jovan Gavrilovic commented that Europe is vital to the continued evolution of crypto markets. He added that the region is the breeding ground of numerous progressive ideas geared towards innovation and the disruption of the global finance system’s status quo. However, he emphasized the disruption is balances with well-maintained regulatory approaches.
Planning to Expand in Latin America
Malta is just the latest country in OKCoin’s expansion plan. In November 2018, the digital company rolled-out a fiat-cryptocurrency trading platform in Argentina. It was also revealed at the time that OKCoin had plan to expand its reach in Latin America and would be incorporating other fiats in the upcoming months. The company was reportedly considering opening a Buenos Aires office and develop a team to support developments in that sector of the world.