On July 28, according to official sources, OKX announced that it has become the first global trading platform to launch regulated crypto derivatives for retail users in the UAE, covering futures, perpetual contracts, and options, all supporting up to 5x leverage. This move not only expands the strategic space for retail users in highly volatile markets but also reflects OKX's continuous investment in compliance, safety, and user education.
It is reported that this product launch is based on the Dubai Virtual Asset Regulatory Authority (VARA)'s "Innovation Pilot Framework", which aims to provide a controlled testing environment for innovative financial products while encouraging innovation and strengthening regulatory safeguards.
