Today, OKX announced its achievement as the first Virtual Financial Asset (VFA) exchange to receive pre-authorization under the Markets in Crypto-Assets Regulation (MiCA). Upon securing the full MiCA license, OKX will leverage its Malta-based European Economic Area (EEA) hub to deliver localized crypto services to over 400 million European users.
Key Benefits Under MiCA Compliance
Regulated Offerings: Users gain access to compliant crypto trading products, including:
- Over-the-counter (OTC) trading
- Spot trading
- AI-powered trading bots
- Extensive Asset Selection: Trade 240+ cryptocurrencies across 260+ trading pairs, including 60+ EUR-denominated pairs.
Localized Experience: Platform optimizations for regional needs, such as:
- Multi-language support
- Local currency displays
- Native-language customer service
This milestone underscores OKX’s commitment to providing secure, transparent, and innovative solutions, ensuring a trusted and compliant platform for Europe’s rapidly evolving crypto market.
👉 Discover OKX’s Regulated Crypto Services
Expansion Across Europe
OKX plans to extend its full MiCA license to all 30 EEA member states via its Malta hub. MiCA’s "passporting" mechanism allows businesses approved in one EU nation to operate seamlessly across the bloc under unified regulations. This expansion will streamline digital asset trading and investing for European users.
Why Malta?
Malta was chosen due to its:
- Comprehensive blockchain/crypto regulations
- High compliance standards
- Robust technical infrastructure
Currently, OKX holds a Class 4 Virtual Asset Service Provider (VASP) license issued by Malta’s Financial Services Authority (MFSA).
Advanced Product Ecosystem
As the second-largest global exchange by trading volume, OKX combines cutting-edge technology with unmatched reliability (99.99% uptime). Our offerings include:
- Beginner-friendly interfaces
- Advanced tools for professional traders
- A multi-chain crypto wallet for enthusiasts
Transparency is ensured via Proof of Reserves, while users access 240+ high-liquidity tokens.
👉 Explore OKX’s Trading Features
Seamless Fiat Integration
EEA customers enjoy:
- Zero-fee EUR deposits/withdrawals via bank transfers
- Crypto purchases via debit cards and local payment methods
About OKX
OKX is a blockchain technology company committed to unifying global blockchain access. Our evolution from a crypto exchange to a multi-chain ecosystem includes flagship products like:
- OKX Exchange
- OKX Wallet (one of the most connected on-chain wallets)
- OKX Institutional (trusted by major organizations)
With 60+ million global users, OKX leads in both centralized (CEX) and decentralized (DEX) trading platforms.
FAQs
Q: When will OKX’s full MiCA license take effect?
A: Upon approval, OKX will announce operational timelines for EEA services.
Q: Which cryptocurrencies can EEA users trade?
A: Over 240 assets, including BTC, ETH, and EUR-based pairs.
Q: Does OKX support local banking in Europe?
A: Yes, with fee-free EUR transfers and localized payment options.
Q: How does MiCA passporting benefit users?
A: It standardizes compliance across 30 EEA countries, simplifying cross-border crypto activities.
Q: What security measures does OKX employ?
A: Proof of Reserves, 99.99% uptime, and MFSA-regulated operations.
Q: Can beginners use OKX’s platform?
A: Absolutely! Tools range from simplified interfaces to advanced trading terminals.