OKX becomes the first Virtual Financial Assets (VFA) exchange to secure pre-authorization under MiCA, marking an important step in its expansion plans to offer regulated services.
MiCA Pre-Authorization: A Step Toward Expansion
This milestone marks a key step in OKX’s expansion plans, setting the stage for the company to offer fully regulated crypto services.
Localized Services for the European Market
OKX’s Malta-based hub will be the focal point for providing a broad range of crypto services across the EEA. This includes over-the-counter (OTC) trading, spot trading, and bot trading. The platform will also cater to local needs by offering customizable features such as local language support and local currency displays.
OKX and the Rise of the $TRUMP Token
$TRUMP launched last week on OKX, with a staggering $36.2 billion in total turnover and $2.5 billion traded in just the last 24 hours. 960,000 traders have already joined, showcasing the immense interest and excitement surrounding $TRUMP.
The MiCA pre-authorization for OKX underscores its commitment to providing regulated services in Europe, further bolstered by the successful launch of the $TRUMP token.