OKX secures MiCA pre-authorization to expand services in Europe

OKX secures MiCA pre-authorization to expand services in Europe


OKX has become the first cryptocurrency exchange for virtual financial assets to secure pre-authorization within the framework of the markets in Crypto-Sets.

This step indicates a key step to the supply of regulated cryptographic products through the European economic field

At the full license, Okx will provide services to more than 400 million Europeans from its Malta -based center, according to a shared note with Crypto.News. The company plans to introduce localized services, including over-the-counter trade, trading in cash and trading of robots, covering more than 240 cryptocurrencies and more than 260 trading pairs.

The OKX platform will also include regional language options, Euro-based trading pairs and local language support.

Customers will be able to deposit and withd the euros free of charge via banking transfers and buy cryptocurrencies using local payment methods. The Malta Hub will serve as a basis for passport services in the 30 EEA member states under the unified regulatory framework of the Mica.

OKX plans to redefine the cryptographic experience for retail and institutional sales customers with innovative products such as its advanced exchange, its simple exchange and its chain portfolio solutions.

Earlier this year, the company spear Perpetual future for two additional native tokens of projects based on AI, ALCHEMIST AI and AIXBT.

As the second world scholarship in a volume of negotiation, OKX aims to combine regulatory compliance with advanced technologies to provide secure and transparent services to the growing European market of cryptography.

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