BlockBeats News, July 28th, According to official sources, OKX announced that it has become the first global exchange to launch regulated crypto derivatives for retail users in the UAE, offering products including futures, perpetual swaps, and options, all supporting up to 5x leverage. This move not only expands retail users' strategic options in volatile markets but also demonstrates OKX's ongoing commitment to compliance, security, and user education.
It is reported that this product launch is based on the Dubai Virtual Asset Regulatory Authority (VARA)'s "Innovation Sandbox Framework," which aims to provide a controlled testing environment for innovative financial products, encouraging innovation while reinforcing regulatory safeguards.
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