Odaily Planet Daily News According to official news, OKX announced that it has become the first global trading platform to launch regulated crypto derivatives for retail users in the UAE. The products cover futures, perpetual contracts and options, all supporting up to 5 times leverage. It is reported that the launch of this product relies on the "Innovation Pilot Framework" of the Dubai Virtual Asset Regulatory Authority (VARA), which aims to provide a controlled testing environment for innovative financial products, while encouraging innovation and strengthening regulatory protection. (CoinDesk)