OKX announced the launch of MiCA-compliant crypto trading platforms in Germany and Poland, which can increase interest from investors and institutional partners.
Launch of Platforms in Germany and Poland
OKX has officially launched MiCA-compliant crypto trading platforms in Germany and Poland, with operations set to begin in July 2025. The expansion into these markets marks a significant step for crypto regulation, likely boosting confidence among European investors and institutions.
Strategy and Perspectives
Led by Erald Ghoos, European CEO of OKX, the expansion follows the acquisition of a full MiCA license. The platform supports over 270 cryptocurrencies alongside euro-denominated pairs, enhancing euro-pair liquidity. The platforms will allow euro deposits and withdrawals, integrating with SEPA bank transfers.
Regulatory Environment and Its Impact
The compliant launch aims to attract institutional investors utilizing the Markets in Crypto-Assets (MiCA) license. The clarity provided by this license is expected to increase institutional flows, resulting in heightened trading activity. Erald Ghoos stated, "Supporting local languages, currencies, and payment methods makes crypto trading more accessible."
OKX's expansion into Germany and Poland illustrates the market's readiness for new regulatory conditions. This event is expected to influence other exchanges and accelerate the process of complying with regulatory standards within the EU.
