The cryptocurrency exchange OKX has officially announced that it has obtained a license under the EU Markets in Crypto-Assets Regulation (MiCA), allowing it to offer regulated crypto services across 28 countries in the European Economic Area (EEA). OKX’s European headquarters is located in Malta, from where the company plans to provide users with spot and OTC trading, bot trading, and access to over 240 cryptocurrencies across more than 300 trading pairs, including over 60 pairs with the euro.
Users will be able to deposit and withdraw euros for free via bank transfers and purchase crypto using bank cards and other traditional payment methods. The platform’s interface and customer support will be available in local languages, ensuring accessibility for over 400 million potential users in the region.
The MiCA license was obtained through the passporting mechanism, which allows companies licensed in one EU country to expand their services across the union under a unified regulatory framework. This milestone strengthens OKX’s position as one of the leading players in the European crypto market and highlights its commitment to transparency and security in its services.
According to CoinMarketCap, OKX ranks among the top five centralized crypto exchanges by spot trading volume, with over 2.65 billion dollars in daily transactions.
