{"id":21255,"date":"2025-02-18T16:07:24","date_gmt":"2025-02-18T14:07:24","guid":{"rendered":"https:\/\/forklog.com\/en\/okx-secures-mica-license-expands-operations-across-europe\/"},"modified":"2025-02-18T16:07:24","modified_gmt":"2025-02-18T14:07:24","slug":"okx-secures-mica-license-expands-operations-across-europe","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/okx-secures-mica-license-expands-operations-across-europe\/","title":{"rendered":"OKX Secures MiCA License, Expands Operations Across Europe"},"content":{"rendered":"<p>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).<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">OKX is Now Live Across 28 EEA Countries ??<\/p>\n<p>With MiCA licensing secured, we\u2019re passporting regulated crypto services across Europe\u2014offering local payment methods and secure, seamless access to 400M+ users.<\/p>\n<p>A new alternative for Europe\u2019s crypto future \u27a1\ufe0f\u2026 <a href=\"https:\/\/t.co\/Ak3ieaCrfh\">pic.twitter.com\/Ak3ieaCrfh<\/a><\/p>\n<p>\u2014 OKX (@okx) <a href=\"https:\/\/twitter.com\/okx\/status\/1891759623075500119?ref_src=twsrc%5Etfw\">February 18, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;We now offer fully regulated, localized crypto services to over 400 million people in 28 EEA countries, all through our European hub in Malta,&#8221; stated Erald Gush, CEO of OKX Europe.<\/p>\n<\/blockquote>\n<p>According to a press release, the platform, adapted to regional needs, will offer:<\/p>\n<ul class=\"wp-block-list\">\n<li>over-the-counter and spot trading, as well as bot trading;<\/li>\n<li>access to over 240 coins in more than 300 pairs (over 60 with the euro);<\/li>\n<li>free fiat deposits and withdrawals via bank transfers;<\/li>\n<li>cryptocurrency purchases using cards and other traditional payment methods.<\/li>\n<\/ul>\n<p>The exchange has integrated local languages into its app, web interface, and support service.<\/p>\n<p>OKX obtained the MiCA license on January 27.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Passporting allows companies licensed in one EU country to expand their services across the union under a single regulatory framework,&#8221; explained Gush.<\/p>\n<\/blockquote>\n<p>The expansion into Europe is part of OKX&#8217;s global development strategy. In 2024 alone, the exchange entered seven domestic markets and received four new approvals for operations, according to the statement.<\/p>\n<p>According to <a href=\"https:\/\/coinmarketcap.com\/rankings\/exchanges\/\">CoinMarketCap<\/a>, OKX ranks among the top five centralized platforms by spot trading volume. In the past 24 hours, the exchange&#8217;s volume exceeded $2.65 billion.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"347\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Top-Cryptocurrency-Exchanges-Ranked-By-Volume-CoinMarketCap-Google-Chrome-1024x347.jpg\" alt=\"Top-Cryptocurrency-Exchanges-Ranked-By-Volume-CoinMarketCap-Google-Chrome\" class=\"wp-image-252033\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Top-Cryptocurrency-Exchanges-Ranked-By-Volume-CoinMarketCap-Google-Chrome-1024x347.jpg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Top-Cryptocurrency-Exchanges-Ranked-By-Volume-CoinMarketCap-Google-Chrome-300x102.jpg 300w, https:\/\/forklog.com\/wp-content\/uploads\/Top-Cryptocurrency-Exchanges-Ranked-By-Volume-CoinMarketCap-Google-Chrome-768x260.jpg 768w, https:\/\/forklog.com\/wp-content\/uploads\/Top-Cryptocurrency-Exchanges-Ranked-By-Volume-CoinMarketCap-Google-Chrome.jpg 1109w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: CoinMarketCap.<\/figcaption><\/figure>\n<p>Earlier, the Winklevoss twins&#8217; Gemini exchange also <a href=\"https:\/\/forklog.com\/en\/news\/gemini-establishes-malta-hub-to-comply-with-mica\">chose Malta<\/a> as a hub for ensuring regulatory compliance in the EU.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019re passporting regulated crypto services across Europe\u2014offering local payment methods and secure, seamless access to 400M+ [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21254,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,733,1483,1291],"class_list":["post-21255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-europe","tag-mica","tag-okx"],"aioseo_notices":[],"amp_enabled":true,"views":"45","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/21255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=21255"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/21255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/21254"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=21255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=21255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=21255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}