Close Menu
Cryphedge.com
  • Home
  • Crypto News
    • Bitcoin
    • NFT News
  • Altcoins
  • Scams
  • Blockchain
  • Regulations
  • Trading
Facebook X (Twitter) Instagram
Cryphedge.com
  • Home
  • Crypto News
    • Bitcoin
    • NFT News
  • Altcoins
  • Scams
  • Blockchain
  • Regulations
  • Trading
Cryphedge.com
Home » OKX Malta hub gains MiCA pre-authorization for European expansion
OKX Malta hub gains MiCA pre-authorization for European expansion

OKX Malta hub gains MiCA pre-authorization for European expansion

January 23, 20252 Mins ReadNo Comments Regulations
Share
Facebook Twitter LinkedIn Pinterest Email

OKX has obtained a Markets in Crypto-Assets Regulation (MiCA) pre-authorization license, according to a Jan. 23 statement shared with CryptoSlate.

The exchange plans to operate in the European Economic Area (EEA) through its Malta-based hub, offering services to over 400 million users.

MiCA provides a unified regulatory framework for the EU crypto market with the goal of prioritizing consumer protection, transparency, and market integrity. The regulation includes robust anti-money laundering requirements to keep malicious actors outside the financial system.

The MiCA framework simplifies market access for crypto businesses in the EEA through cross-state provisions. This feature allows licensed entities to operate in multiple European Union (EU) countries without requiring separate regulatory approvals.

OKX intends to leverage this advantage to expand across the region.

Planned services

Once granted a full MiCA license, OKX will provide a range of offerings, including spot trading, over-the-counter (OTC) transactions, and bot trading. The company also aims to localize its platform by integrating regional languages, currencies, and customer support to enhance accessibility.

Erald Ghoos, CEO of OKX Europe, highlighted the importance of pre-authorization in advancing the company’s vision. He emphasized that obtaining a license in Malta, known for its stringent regulatory standards, ensures a secure and trustworthy platform for users.

Ghoos said:

“The Malta Financial Services Authority (MFSA) is renowned for its thorough regulatory framework and is at the forefront of global regulatory standards. Through our Malta Hub, OKX customers will be offered the best, most secure and fully compliant digital asset platform.”

Hong Fang, President of OKX, praised MiCA for its innovative regulatory framework, which balances growth and consumer protection. She noted that Europe’s approach sets a global standard, reflecting the region’s leadership in shaping the future of digital assets.

This announcement highlights a growing trend of exchanges moving to comply with MiCA regulations. Crypto.com recently secured in-principle approval for a MiCA license, following similar developments from companies like MoonPay.

Mentioned in this article
Latest Alpha Market Report

Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
cryphedge

Related Posts

JPMorgan files ‘JPMD’ trademark for digital asset payment services, hinting at potential stablecoin

June 16, 2025

Gemini, Coinbase near EU licenses as regulators clash over rapid approvals

June 16, 2025

Pakistan building Bitcoin ‘super team’ with Michael Saylor joining CZ on crypto council

June 16, 2025

Vietnam ends crypto ‘Grey Zone’ with sweeping new digital asset legislation

June 16, 2025
Add A Comment

Comments are closed.

Editors Picks

Cardano, Dogecoin Dip Over 10% In 7 Days: Which Bounces First?

June 17, 2025

Brian Armstrong Meets Lawmakers to Shape UK Crypto Regulation

June 17, 2025

CoinShares Becomes 8th Firm to Bet on Solana ETF Approval

June 17, 2025

Luigi Mangione, Sam Bankman-Fried Characters Take The Stage

June 16, 2025
About

cryphedge is an online news portal that aims to share the latest crypto news, bitcoin, altcoin, blockchain, nft news, regulation, trading, crypto scams and much more stuff.

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

SEC charges tokenized asset firm execs with $100 million crypto fraud

May 21, 2025

SMBC Parent Sumitomo Mitsui Plans Stablecoin Launch with Ava Labs and Fireblocks

April 2, 2025

Psy Develops First Trustless Bridge from Dogecoin to Solana

May 22, 2025
Subscribe
Please enable JavaScript in your browser to complete this form.
Loading
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$106,198.00-0.69%
  • ethereumEthereum(ETH)$2,566.21-2.10%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.220.72%
  • binancecoinBNB(BNB)$657.770.33%
  • solanaSolana(SOL)$151.46-3.16%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2774022.16%
  • dogecoinDogecoin(DOGE)$0.172265-2.76%
  • staked-etherLido Staked Ether(STETH)$2,564.74-2.15%
  • cardanoCardano(ADA)$0.62-3.11%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$106,288.00-0.56%
  • HyperliquidHyperliquid(HYPE)$40.57-8.84%
  • Wrapped stETHWrapped stETH(WSTETH)$3,093.42-2.03%
  • suiSui(SUI)$2.95-4.96%
  • bitcoin-cashBitcoin Cash(BCH)$469.993.43%
  • chainlinkChainlink(LINK)$13.36-2.32%
  • leo-tokenLEO Token(LEO)$9.18-0.97%
  • stellarStellar(XLM)$0.257844-1.38%
  • avalanche-2Avalanche(AVAX)$18.97-3.81%
  • the-open-networkToncoin(TON)$2.98-1.13%
  • whitebitWhiteBIT Coin(WBT)$50.83-1.34%
  • USDSUSDS(USDS)$1.000.01%
  • shiba-inuShiba Inu(SHIB)$0.000012-3.03%
  • Wrapped eETHWrapped eETH(WEETH)$2,744.09-2.17%
  • WETHWETH(WETH)$2,565.30-2.17%
  • litecoinLitecoin(LTC)$86.06-1.27%
  • hedera-hashgraphHedera(HBAR)$0.153926-2.94%
  • Binance Bridged USDT (BNB Smart Chain)Binance Bridged USDT (BNB Smart Chain)(BSC-USD)$1.00-0.05%
  • moneroMonero(XMR)$328.022.12%
  • Ethena USDeEthena USDe(USDE)$1.000.02%
  • polkadotPolkadot(DOT)$3.80-2.83%
  • bitget-tokenBitget Token(BGB)$4.48-2.38%
  • Coinbase Wrapped BTCCoinbase Wrapped BTC(CBBTC)$106,213.00-0.62%
  • uniswapUniswap(UNI)$7.680.34%
  • pepePepe(PEPE)$0.000010-7.83%
  • Pi NetworkPi Network(PI)$0.56-6.32%
  • aaveAave(AAVE)$271.50-5.35%
  • daiDai(DAI)$1.000.01%
  • Ethena Staked USDeEthena Staked USDe(SUSDE)$1.18-0.04%
  • BittensorBittensor(TAO)$354.07-7.48%
  • okbOKB(OKB)$51.34-1.16%
  • aptosAptos(APT)$4.57-2.16%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • internet-computerInternet Computer(ICP)$5.32-5.88%
  • crypto-com-chainCronos(CRO)$0.089675-3.08%
  • nearNEAR Protocol(NEAR)$2.22-4.36%
  • Jito Staked SOLJito Staked SOL(JITOSOL)$183.31-3.16%
  • ethereum-classicEthereum Classic(ETC)$16.84-1.29%
  • Tokenize XchangeTokenize Xchange(TKX)$32.07-0.60%
  • sUSDSsUSDS(SUSDS)$1.060.01%
  • OndoOndo(ONDO)$0.77-6.90%
  • USD1USD1(USD1)$1.00-0.04%
  • mantleMantle(MNT)$0.62-2.00%
  • gatechain-tokenGate(GT)$16.11-1.12%
  • kaspaKaspa(KAS)$0.074109-6.49%
  • Official TrumpOfficial Trump(TRUMP)$9.64-4.67%
  • fasttokenFasttoken(FTN)$4.43-0.03%
  • vechainVeChain(VET)$0.022025-3.34%
  • SkySky(SKY)$0.088555-4.57%
  • cosmosCosmos Hub(ATOM)$4.10-3.08%
  • Lombard Staked BTCLombard Staked BTC(LBTC)$105,938.00-0.55%
  • polygon-ecosystem-tokenPOL (ex-MATIC)(POL)$0.198658-2.79%
  • EthenaEthena(ENA)$0.289121-6.83%
  • fetch-aiArtificial Superintelligence Alliance(FET)$0.68-6.81%
  • render-tokenRender(RENDER)$3.34-6.98%
  • filecoinFilecoin(FIL)$2.43-2.99%
  • Binance-Peg WETHBinance-Peg WETH(WETH)$2,564.34-2.22%
  • USDT0USDT0(USDT0)$1.000.00%
  • arbitrumArbitrum(ARB)$0.313958-7.40%
  • Jupiter Perpetuals Liquidity Provider TokenJupiter Perpetuals Liquidity Provider Token(JLP)$4.44-1.41%
  • worldcoin-wldWorldcoin(WLD)$0.94-7.94%
  • first-digital-usdFirst Digital USD(FDUSD)$1.00-0.08%
  • algorandAlgorand(ALGO)$0.174033-4.15%
  • quant-networkQuant(QNT)$101.81-5.96%
  • USDtbUSDtb(USDTB)$1.00-0.02%
  • kucoin-sharesKuCoin(KCS)$11.14-1.24%
  • Binance Staked SOLBinance Staked SOL(BNSOL)$159.81-3.29%
  • SPX6900SPX6900(SPX)$1.41-15.85%
  • JupiterJupiter(JUP)$0.412309-5.41%
  • nexoNEXO(NEXO)$1.22-1.77%
  • rocket-pool-ethRocket Pool ETH(RETH)$2,920.98-2.10%
  • flare-networksFlare(FLR)$0.017695-1.96%
  • Kelp DAO Restaked ETHKelp DAO Restaked ETH(RSETH)$2,685.14-2.15%
  • Virtuals ProtocolVirtuals Protocol(VIRTUAL)$1.79-7.14%
  • FartcoinFartcoin(FARTCOIN)$1.16-9.12%
  • CelestiaCelestia(TIA)$1.69-7.06%
  • bonkBonk(BONK)$0.000014-7.55%
  • injective-protocolInjective(INJ)$11.37-4.00%
  • SonicSonic(S)$0.332733-4.38%
  • Polygon Bridged USDT (Polygon)Polygon Bridged USDT (Polygon)(USDT)$1.000.03%
  • StoryStory(IP)$3.48-3.43%
  • Binance Bridged USDC (BNB Smart Chain)Binance Bridged USDC (BNB Smart Chain)(USDC)$1.00-0.06%
  • ABAB(AB)$0.0156591.75%
  • optimismOptimism(OP)$0.57-5.44%
  • blockstackStacks(STX)$0.63-2.53%
  • xdce-crowd-saleXDC Network(XDC)$0.058905-1.17%
  • Mantle Staked EtherMantle Staked Ether(METH)$2,734.82-2.28%
  • paypal-usdPayPal USD(PYUSD)$1.000.01%
  • StakeWise Staked ETHStakeWise Staked ETH(OSETH)$2,688.95-2.14%