OKX To Hire 100 More Full-Timers

OKX has decided to hire 100 more full-timers, according to the latest reports. Check out the news about this issue below.

According to the exec from OK Group, the company is expanding its operations to France and aims to recruit 100 full-time employees within the next three years.

The crypto exchange has taken a step forward by applying for registration as a Digital Asset Service Provider (DASP) in France. The DASP license will allow the firm to offer digital asset custody and operate a crypto trading platform.

Over 70 DASPs have already been approved to operate in the country, including Bitstamp, Societe Generale Forge, and the French division of Luno.

In May 2022, Binance obtained a French license, marking its first DASP in Europe, as stated by the company. Binance CEO, Changpeng Zhao, confirmed that by September 2022, the world’s largest crypto exchange had recruited 150 individuals for its Paris operations.

Blockworks notes the fact that OKX expects the DASP registration process to take up to six months. We suggest that you check out the original article shared by the online publication Blockworks in order to learn more details about this.

It’s been reported that the American crypto exchange Gemini is expanding its operations overseas as US federal regulators create uncertainty in the industry at home.

The exchange said that they are launching the Gemini Foundation, a non-US crypto derivatives platform that will initially offer customers with a perpetual Bitcoin (BTC) contract denominated in Gemini dollars (GUSD).

The exchange also made sure to say that the platform will launch a GUSD-linked perpetual Ethereum (ETH) contract next amid plans to offer more derivatives products in the coming months.

Make sure to check out our previous article in order to learn more details about this.