OKX Secures Pre-Authorization Under MiCA Framework, Sets Stage for Regulated Crypto Products in Europe

OKX, a leading Virtual Financial Assets cryptocurrency exchange, has achieved a significant milestone by becoming the first exchange to secure pre-authorization under the Markets in Crypto-Assets (MiCA) framework.

Regulated Crypto Products Across the European Economic Area

This pre-authorization marks a crucial step toward offering regulated crypto products across the European Economic Area (EEA). Upon full licensing, OKX plans to provide services to over 400 million Europeans from its Malta-based hub.

The company aims to introduce localized services, including:

  • OTC trading
  • Spot trading
  • Bot trading

Covering more than 240 cryptocurrencies and over 260 trading pairs.

Localized Services and Customer Support

OKX’s platform will feature regional language options, euro-based trading pairs, and local-language customer support. Customers will be able to deposit and withdraw euros for free via bank transfers and purchase cryptocurrencies using local payment methods.

“We’re proud to be the first global exchange to receive a MiCA pre-authorization. This demonstrates our continued dedication to regulation, responsible growth & customer protection.”

The Malta hub will serve as a base for passporting services across the 30 EEA member states under MiCA’s unified regulatory framework.

Innovative Products and Compliance

OKX plans to redefine the crypto experience for both retail and institutional customers with innovative products like its Advanced Exchange, Simple Exchange, and on-chain wallet solutions. The company aims to combine regulatory compliance with advanced technology to deliver secure and transparent services to the growing European crypto market.

Earlier this year, OKX launched perpetual futures for two additional native tokens from AI-based projects, demonstrating its commitment to innovation and growth.

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