OKX has officially become one of the first global cryptocurrency exchanges to secure a MiCA license and passport its services within the European Economic Area (EEA).
OKX is Now Live Across 28 EEA Countries ??
With MiCA licensing secured, we’re passporting regulated crypto services across Europe—offering local payment methods and secure, seamless access to 400M+ users.
A new alternative for Europe’s crypto future ➡️… pic.twitter.com/Ak3ieaCrfh
— OKX (@okx) February 18, 2025
“We now offer fully regulated, localized crypto services to over 400 million people in 28 EEA countries, all through our European hub in Malta,” stated Erald Gush, CEO of OKX Europe.
According to a press release, the platform, adapted to regional needs, will offer:
- over-the-counter and spot trading, as well as bot trading;
- access to over 240 coins in more than 300 pairs (over 60 with the euro);
- free fiat deposits and withdrawals via bank transfers;
- cryptocurrency purchases using cards and other traditional payment methods.
The exchange has integrated local languages into its app, web interface, and support service.
OKX obtained the MiCA license on January 27.
“Passporting allows companies licensed in one EU country to expand their services across the union under a single regulatory framework,” explained Gush.
The expansion into Europe is part of OKX’s global development strategy. In 2024 alone, the exchange entered seven domestic markets and received four new approvals for operations, according to the statement.
According to CoinMarketCap, OKX ranks among the top five centralized platforms by spot trading volume. In the past 24 hours, the exchange’s volume exceeded $2.65 billion.
Earlier, the Winklevoss twins’ Gemini exchange also chose Malta as a hub for ensuring regulatory compliance in the EU.