OKX has received a pre-authorization under the Markets in Crypto-Assets (MiCA) from the European Union, marking a significant step in its expansion across the European Economic Area (EEA).
This allows the crypto exchange to offer a range of trading services, such as OTC trading, spot trading, and bot trading, with access to over 240 cryptocurrency tokens and 260 trading pairs, including more than 60 Euro-based pairs.
To provide a seamless experience for customers, OKX plans to introduce localized platforms with regional languages, currencies, and customer support.
The company expressed its commitment to providing secure, transparent, and innovative solutions, stating that this milestone showcases their dedication to meeting the evolving needs of the European crypto market.
MiCA, which will come into force in late 2024, sets a framework for digital assets regulation in the EU, focusing on transparency, consumer protection, and market integrity.
