OKX has achieved a significant milestone, becoming the first global exchange to receive pre-authorization under the EU's Markets in Crypto-Assets (MiCA) regulation. This positions OKX to offer regulated crypto services to over 400 million Europeans within the European Economic Area (EEA), operating from its Malta hub.
Upon securing a full MiCA license, OKX will provide EEA customers with access to a comprehensive suite of regulated crypto exchange products. This includes OTC, spot, and bot trading across a wide selection of 240+ cryptocurrencies and 260+ trading pairs, including 60+ Euro-based pairs. The OKX website and mobile app will be tailored to the region, featuring local language options, currency displays, and customer support.
This pre-authorization underscores OKX's dedication to providing secure, transparent, and innovative crypto solutions. By adhering to MiCA's robust regulatory framework, OKX ensures a trusted and compliant platform for its European users.
OKX intends to secure the full MiCA license and utilize its "passporting" feature. This will enable the company to extend its services from its Malta hub to all 30 EEA member states, streamlining digital asset trading and investment across the region.
OKX offers a range of platforms to suit all traders, including a user-friendly Simple Exchange, a powerful Advanced Exchange, and a feature-rich Wallet. As the second-largest global exchange by trading volume, OKX provides exceptional reliability, boasting 99.99% uptime, transparent Proof of Reserves, and access to highly liquid tokens and trading pairs.
EEA customers benefit from free Euro deposits and withdrawals via bank transfers, as well as convenient crypto purchases using cards and other local payment methods.
Malta was strategically chosen as OKX's MiCA hub due to its progressive regulatory environment, high standards for blockchain and cryptocurrency, and robust technology infrastructure. OKX currently holds a Class 4 VASP license from the Malta Financial Services Authority (MFSA).
Serving over 60 million customers globally, OKX is a leading provider of advanced and reliable cryptocurrency services through both centralized (CEX) and decentralized (DEX) platforms. This MiCA pre-authorization marks a pivotal step in OKX's European expansion, ensuring secure access to top-tier crypto services and innovations.
Learn more at okx.com
About OKX
OKX is a technology company committed to organizing the world's blockchains, making them accessible and useful. OKX envisions a future characterized by efficiency, transparency, and connectivity.
Originally a crypto exchange, OKX has evolved into a leading global platform, providing access to trading and a connected onchain wallet for decentralized applications (dApps).
OKX is a trusted brand for institutions seeking reliable access to crypto markets, seamlessly connecting with global banking and payments systems.
OKX's key offerings include the OKX Exchange, OKX Wallet, OKX Marketplace, OKX Explorer, OKX Chain and OS for developers, OKX Ventures, and OKX Institutional Services.
For more information about OKX, download the app or visit: okx.com
Disclaimer
This article is for informational purposes only and does not constitute investment, tax, or legal advice. Digital assets involve risk. Consult a professional for specific guidance. OKX Web3 features are subject to separate terms.
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