Ouinex, the secure and high-speed digital asset trading platform, has obtained Virtual Asset Service Provider (VASP) registration from the Polish Financial Supervision Authority (KNF), the company announced in a press release. This achievement stands as a testament to Ouinex’s commitment to compliance and regulatory adherence in the ever-evolving digital asset landscape.
The VASP registration from the KNF holds significant importance for Ouinex as it opens doors for the platform to expand its services within the European market. This move aligns seamlessly with Ouinex’s strategic vision of establishing a robust presence in Europe, setting the stage for further growth and innovation in the fast-paced world of digital asset trading.
The approval from the KNF is more than just a regulatory nod; it is a pivotal moment for Ouinex as it progresses towards becoming a key player in the European digital asset landscape. Not only does this milestone represent regulatory recognition, but it also emphasizes Ouinex’s dedication to compliance, ensuring that the platform operates within the highest industry standards.
Ouinex’s Journey and Resilience in the Digital Asset Landscape
Founded in 2022, Ouinex has swiftly progressed with its roadmap of developing a state-of-the-art platform for active traders. Despite the challenges posed by the industry, Ouinex demonstrated resilience, reaching a significant milestone in 2023 when it successfully raised $2 million through its native token’s pre-sale. This accomplishment occurred during one of the most difficult times the industry has faced, showcasing Ouinex’s potential as a promising Web3 venture.
As stated by the company, over 2,000 FX, CFDs, and equities traders invested in Ouinex’s development during the pre-seed funding stage. What makes this funding round remarkable is that it was entirely user-driven. Ouinex’s platform is breaking new ground by offering fast, performant, and user-focused services that resonate with the needs of its diverse user base.
With the VASP registration from the KNF serving as a cornerstone for Ouinex’s European expansion, the platform is poised for further achievements. As it continues to acquire necessary approvals for operations in various European territories and beyond, Ouinex stands at the forefront of innovation in the digital asset trading landscape, ready to embrace future regulatory developments and provide cutting-edge services to its users.
Source: https://thenewscrypto.com/ouinexs-vasp-registration-marks-a-milestone-for-european-expansion/