OKX Becomes First Global Exchange to Receive MiCA License
OKX has lastly obtained the Markets in Crypto-Asset Regulation license, permitting it to supply regulated crypto companies in Europe.
OKX is the primary world alternate that has gained this license. With this, the alternate will present localized service to over 400 million digital asset property in Europe.
The alternate can function in all the European Financial Space (EEA), all 30 member states, from its base in Malta, with this MiCA license. It would additionally supply companies like spot coaching, bot buying and selling, and over-the-counter buying and selling to European prospects.
Erald Ghoos, CEO of OKX Europe, expressed that the MiCA license is a crucial step for the corporate as a resoluble chief within the world crypto house. He believes Europe has nice potential for digital property and blockchain progress below the MiCA framework.
OKX helps over 240 cryptocurrencies and 260 buying and selling pairs, together with 60 euro-based pairs. Ghoos emphasised Europe’s significance for blockchain innovation below clear rules.
As per the information of CoinMarketCap, OKX ranks fourth in world buying and selling quantity, with $4.9 billion within the final 24 hours. The highest three exchanges are Binance, Bybit, and Coinbase.
OKX can be adapting its platform for European customers, providing native language choices, euro-based forex shows, and buyer help tailor-made to the area. Customers can deposit and withdraw euros free of charge utilizing financial institution transfers or native fee strategies like bank cards.
In November 2024, OKX launched its exchange platform and non-custodial pockets service in Belgium, giving prospects entry to crypto buying and selling, together with spot and futures buying and selling.
