Hear ye, hear ye! The digital gold rush is comin’ to the European Economic Area (EEA), and OKX is leadin’ the charge. With a full Markets in Crypto-Assets (MiCA) license in hand, traders can now buy and sell Bitcoin 🍪 ($96,310), Ethereum 🍩 ($2,699), Solana 🍪 ($169.8), and Ripple‘s XRP 🍩 ($2.60) without a care in the world about regulatory concerns.
This milestone comes hot on the heels of OKX receivin’ a MiCA pre-authorization license in January, pavin’ the way for European expansion. The company aimed to extend its services to over 400 million potential users across the region, and now, they’re one step closer to that goal.
OKX Picks Malta as European HQ
OKX has now completed the process to become fully compliant under the MiCA framework, makin’ it the second cryptocurrency exchange to achieve full MiCA authorization in Europe this February. Not to be outdone, Crypto.com also announced that it had met all regulatory requirements to offer its full suite of products and services across the EEA.
Like Crypto.com, OKX has chosen Malta as its European headquarters. While the company did not disclose specific reasons for selectin’ Malta over other countries, the nation is well known for its openness to technological innovation and blockchain adoption. From its Maltese base, OKX will offer users access to spot trading, over-the-counter (OTC) services, bot trading, and derivatives markets.
Localized Services and User Benefits
As a MiCA-compliant platform, OKX aims to tailor its products and services to regional preferences. The company plans to introduce localized features, including multiple language options on both its app and website, local currency displays, and dedicated customer support in various languages to enhance user experience.
To celebrate its regulatory milestone, OKX is offerin’ users free euro deposits and withdrawals via bank transfers. Users can fund their accounts using bank cards, providing an added layer of convenience.
OKX described the MiCA license approval as a “massive milestone” in its broader mission to bring crypto trading to a global audience. The firm sees its European expansion as a crucial step toward ensuring users can trade digital assets with confidence on a fully regulated platform.
With Europe now secured, OKX plans to continue expandin’ its presence in other regions across the globe. The company revealed that in 2024, it launched seven onshore markets and secured four new regulatory licenses and registrations, across different markets. According to OKX, the move reinforces its commitment to regulatory compliance worldwide.
Read More
- Prithviraj Sukumaran reviews Ajith Kumar starrer Vidaamuyarchi trailer: ‘It is one of the finest…’
- Fauji director Hanu Raghavapudi shares BIG update on Prabhas starrer period war drama; ‘We have created…’
- All the Queen’s Men Season 4: Is a New Episode Releasing on January 23?
- Captain America: Brave New World’s Budget Is Lower Than Deadpool & Wolverine’s
- Who Is Randy Orton’s Wife? Kim’s Job & Relationship History
- WATCH: Ajith Kumar celebrates his winning moment with a lip-lock kiss with wife Shalini on the racing track
- Allu Arjun’s Epic Chain Scene in Pushpa 2 Goes Viral – Fans Are Going Wild!
- Why Fans Think the Monster-in-Law 2 Movie Poster Is Real
- Bart Johnson Apologizes for Blake Lively & Justin Baldoni Case Comments
- Golf Player John Daly Undergoes Emergency Hand Surgery
2025-02-18 16:25