OKX has become the first global cryptocurrency exchange to secure pre-authorization under the Markets in Crypto-Assets framework. This milestone marks a key step toward offering regulated crypto products across the European Economic Area Upon full licensing, OKX will provide services to over 400 million Europeans from its Malta-based hub, according to a note shared with crypto.news. The company plans to introduce localized services, including OTC trading, spot trading, and bot trading, covering more than 240 cryptocurrencies and over 260 trading pairs. OKX’s platform will also feature regional language options, euro-based trading pairs, and local-language customer support. A new alternative for Europe 🇪🇺 We’re proud to be the first global exchange to receive a MiCA pre-authorization. This demonstrates our continued dedication to regulation, responsible growth & customer protection. Learn more: https://t.co/nfnU1rssXR pic.twitter.com/H1WbuLTTBy — OKX (@okx) January 23, 2025 Customers will be able to deposit and withdraw euros for free via bank transfers and purchase cryptocurrencies using local payment methods. The Malta hub will serve as a base for passporting services across the 30 EEA member states under MiCA’s unified regulatory framework. OKX plans to redefine the crypto experience for both retail and institutional customers with innovative products like its Advanced Exchange, Simple Exchange, and on-chain wallet solutions. Earlier this year, the company launched perpetual futures for two additional native tokens from AI-based projects, Alchemist AI and aixbt. As the world’s second-largest exchange by trading volume, OKX aims to combine regulatory compliance with advanced technology to deliver secure and transparent services to the growing European crypto market. You might also like: Ledger co-founder David Balland released after kidnapping: report
