Cryptocurrency exchange OKX has announced the launch of regulated platforms in Germany and Poland, aiming to ensure security and meet user needs.
Launch in Germany and Poland
OKX has successfully opened its regulated cryptocurrency exchanges in Germany and Poland. This move is a response to the implementation of new regulatory requirements in these markets, where regulators have tightened control over digital currency service providers. Specifically, Berlin has seen stricter licensing requirements, while Poland is aligning its national standards with broader EU policies.
Localization of Services and Management
The OKX platforms have been localized to support native languages and have deployed regional customer service teams. Moritz Putzhammer has been appointed as General Manager for Central Europe and the Nordics, while Gabriel Manduca takes the role for Eastern Europe. Both bring significant experience in CeFi and DeFi and are already forging partnerships and engaging with regulators.
> *“These two countries are key growth markets in Europe, and we wanted to make sure we got it right.”* > – OKX
Regulatory Licenses and OKX Expansion
OKX has secured a MiCA license that allows it to provide regulated products and services to over 400 million people across Europe via its Malta hub. The company is actively strengthening its European presence and has also obtained a MiFID II license, which enables it to offer institutional services and collaborate with tier-1 financial institutions.
The launch of regulated exchanges in Germany and Poland reaffirms OKX's strategy of regulatory compliance and expansion in the European market, contributing to a safer and more transparent environment for users.
