OKX steps beyond fragmented rules to reach users in 28 EEA countries as it receives approval under Europe’s new MiCA framework.

This change points to a dynamic phase in digital finance, as unified oversight could open new possibilities while subjecting the industry to closer scrutiny.

Furthermore, On Tuesday, crypto exchange OKX announced that it had secured approval as one of the first global exchanges licensed under the Markets in Crypto-Assets (MiCA) framework to render its services across Europe.

The exchange expressed excitement over its new prospect and shed more light on what the nod means. It stated in a press release that the approval will enable it to provide fully compliant crypto offerings to over 400 million Europeans across 28 European Economic Area (EEA) member states, operating from its hub in Malta.

Additionally, the Crypto exchange company can now extend its reach across multiple jurisdictions, including the following countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.

Localized Crypto Services through OKX.

The company’s customers across the EEA can access the platform’s infrastructure, which includes over-the-counter (OTC) trading, spot trading, and bot trading.

According to OKX, users can access more than 240 cryptocurrency tokens and trade across 300 pairs, including over 60 Euro-based pairs.

Moreover, European customers can deposit and withdraw Euros for free via bank transfers and purchase cryptocurrency using popular local payment methods.

The firm said it is enhancing user experience by providing localized platforms with app and web interfaces in local languages, local currency display options, customer support in regional languages, and products designed to meet local preferences.

A Global Expansion Bringing Crypto To The World.

The company launched its seven onshore markets and obtained four new licenses and registrations in 2024. With MiCA approval, they can scale even further, ensuring that users across Europe can trade confidently on a regulated platform.

They serve over 60 million customers worldwide and are recognized for offering advanced and reliable cryptocurrency services, operating both centralized (CEX) and decentralized (DEX) exchange platforms.