OKX Becomes First Global Exchange to Secure MiCA License
Leading global blockchain technology company OKX has announced a major milestone: it is now the first global exchange to secure a Markets in Crypto-Assets Regulation (MiCA) license.
This achievement allows OKX to offer fully regulated and localized cryptocurrency services to more than 400 million Europeans through its European Economic Area (EEA) hub in Malta.
What the MiCA License Means
The MiCA license enables OKX to provide a range of regulated crypto services, including OTC trading, spot trading, bot trading, and copy trading. Users in the EEA will have access to over 240 cryptocurrency tokens across 260 trading pairs, including 60+ euro-based pairs.
To enhance the user experience, the OKX platform and app will feature local language options, currency displays, and customer support tailored to specific regions. Additionally, customers will be able to deposit and withdraw euros for free via bank transfers and purchase crypto using cards and trusted local payment methods.
OKX’s Commitment to Europe
Erald Ghoos, OKX’s Europe CEO, emphasized the significance of this achievement: “The full MiCA license marks a pivotal step in OKX’s journey as a responsible leader in the global crypto ecosystem. Europe holds immense potential as a cornerstone for blockchain technology, and the MiCA framework provides a strong foundation for the industry’s growth. This milestone reaffirms our commitment to delivering secure and innovative solutions under a regulated framework.”
By leveraging MiCA’s “passporting” feature, OKX will extend its services from Malta to all 30 EEA member states under a unified regulatory framework. This approach simplifies cross-border crypto trading and investing, fostering greater accessibility across Europe.
Why Malta?
OKX selected Malta as its MiCA hub due to the country’s robust regulatory standards, advanced technology infrastructure, and comprehensive approach to blockchain and cryptocurrency regulation.
With the MiCA license in place, OKX is set to redefine the crypto experience for users across Europe. The platform offers:
• Simple Exchange: A user-friendly option for beginners.
• Advanced Exchange: A powerful tool for professional traders.
• OKX Wallet: A comprehensive self-custody solution for crypto enthusiasts.
As the second-largest exchange globally by trading volume, OKX is known for its reliability, boasting 99.99% uptime and industry-leading transparency through its Proof of Reserves.
A New Benchmark for Crypto Regulation
The MiCA license represents a gold standard for cryptocurrency regulation, prioritizing customer safety and transparency. It positions OKX as a trusted partner for European crypto users, providing secure and compliant services in line with Europe’s rigorous standards.
With this milestone, OKX is not only expanding its footprint in Europe but also reinforcing its mission to deliver top-tier crypto services globally. The company’s regulated offerings are expected to drive adoption and innovation, creating a brighter future for digital assets in Europe and beyond.
As Ghoos remarked, “This is more than just a milestone for OKX; it’s a new alternative for the entire crypto community. Europe has always been at the heart of the global crypto revolution, and with MiCA paving the way, the future is bright for digital assets on this continent and beyond.”
For European customers, OKX is set to deliver a seamless and regulated crypto experience, making 2025 a transformative year for the platform and the crypto industry at large.
