OKX announced obtaining MiCA pre-authorization, enabling the company to offer localized crypto services through its European hub in Malta.
MiCA Pre-Authorization: What It Means
OKX has become the first exchange to secure a pre-authorization under the Markets in Crypto-Assets Regulation (MiCA), allowing it to offer services across European countries under a unified regulatory framework.
Benefits for European Users
European users of OKX will gain access to regulated exchange products, including OTC trading and spot trading, covering over 240 tokens, with the platform supporting 60+ Euro trading pairs and adapting the interface for local languages and currencies.
Malta's Role and OKX Future Steps
Malta is chosen as the MiCA hub due to its comprehensive regulatory approach and strong technology infrastructure. OKX plans to obtain a full license and expand its reach to all 30 EEA member states.
The MiCA pre-authorization strengthens OKX's position as a leading platform offering reliable and secure crypto services in Europe.
