As OKX MENA Turns a Year Older, Trust and Regulation Take Center Stage

As OKX MENA marks its anniversary, the exchange is doubling down on the two themes that have defined its presence in the UAE: trust and regulatory alignment. In a region where digital asset companies are increasingly measured by their operational discipline rather than the noise around them, OKX’s positioning as the trusted exchange has become central to its strategy.

Looking back at the past year, CEO Rifad Mahasneh describes the company’s progress in pragmatic terms rather than celebratory ones. “The past year has been defined by disciplined growth, steady execution, and a clear focus on building real value for users. We strengthened our local presence, expanded our product suite, and deepened partnerships that support a healthier digital asset ecosystem in the region.”

For Mahasneh, the anniversary is less about hitting a symbolic milestone and more about signaling intent: “It reflects our belief in the long-term potential of the region. The Middle East has become a global center for forward-looking regulation and innovation, and our anniversary signals that we are here to build, invest, and contribute for decades to come.”

Trust as an Operating Principle

OKX’s narrative in the region has consistently centered on trust—something the company frames not as a slogan, but as an operating model.

Mahasneh breaks it down simply: “Trust means consistency, clarity, and accountability. For users, it is knowing their assets are protected. For institutions, it is having predictable infrastructure. For regulators, it is operating to the letter and spirit of the rules. Trust is something you earn daily and build your operations around.”

In a year where global exchanges faced scrutiny, OKX MENA maintained a clean regulatory record.
Mahasneh attributes this to internal rigor: “We built compliance into our foundation from the start. Our teams understand that safe innovation requires discipline. Strong internal controls allow us to move fast with confidence, and this has helped us maintain a clean track record.”

The VARA Derivatives Pilot: A Practical Test of Capability

One of the most significant developments for OKX MENA was being selected by VARA to participate in the derivatives pilot—a move that places the exchange under direct regulatory scrutiny while opening the door to more sophisticated market infrastructure.

Mahasneh sees it as validation of OKX’s systems: “It shows that our capabilities match the standards of a regulator that takes safety and market integrity seriously. It reflects confidence in our risk management, technology stack, and ability to operate within structured regulatory frameworks.”

He is also clear about why derivatives matter: “Derivatives will help create a more sophisticated market by improving liquidity, providing hedging tools, and attracting a broader class of investors.”

The message is straightforward: OKX wants to help build the market, not just trade on it.

A Region Defined by Clear Rules

While some jurisdictions are still debating how to regulate digital assets, Dubai has moved ahead—and that clarity is shaping OKX’s strategy.

Mahasneh highlights the advantage: “Clear rules give us room to plan long term. Dubai’s approach gives firms like ours the ability to innovate responsibly, build deeper partnerships, and contribute to a market environment that is stable and competitive.”

Addressing structural gaps is part of that long-term planning. “The region is moving fast, but more institutional-grade infrastructure is essential. Our focus is on connectivity, secure custody arrangements, and scalable trading frameworks that support both retail and institutions.”

Institutions Are Coming In — Carefully

Institutional interest in the UAE continues to grow, but adoption remains measured. According to Mahasneh, OKX is preparing for this shift by reinforcing execution, custody, and product standards. “We are strengthening our execution systems, expanding custody partnerships, and developing products that match institutional standards, while continuing to offer intuitive and secure tools for everyday users. It is incumbent upon us to continue engagement and awareness, to help continue building institutional adoption.”

Retail behavior in MENA is also changing. “Users in MENA want safer pathways into crypto and more clarity on how products work. We have responded with stronger educational resources, more localized experiences, and enhanced security features.”

The Exchange’s Priorities Moving Forward

When discussing OKX MENA’s next steps, Mahasneh avoids predictions. Instead, he outlines a deliberate plan aligned with the regulatory pace of the UAE.

“We plan to deepen our local presence, expand our institutional offerings, grow our team, and deliver new products that align with the region’s regulatory frameworks. The focus is on building responsibly and serving users better.”

The emphasis remains on incremental, safe, regulated growth.

Where OKX Sees Its Role in the UAE

Asked about OKX’s broader purpose in the UAE’s digital asset landscape, Mahasneh’s answer returns to fundamentals rather than ambition. “We want to help build a financial ecosystem where traditional finance and Web3 work together. Our role is to provide secure infrastructure, to educate users, and to help create a market environment that is inclusive, transparent, and ready for the future.”

It’s a vision that aligns with the region’s regulatory direction—and it anchors OKX’s identity as the exchange that wants to operate with transparency before scale.