Adrieris
Fun Poster
- Messages
- 629
- Joined
- Dec 14, 2020
- Messages
- 629
- Reaction score
- 3
- Points
- 25
Okx Moves Closer to Full MiCA License with Pre-Authorization
Okx Exchange has received pre-authorization under the Markets in Crypto-Assets Regulation (MiCA) for Virtual Financial Assets (VFA), bringing it closer to obtaining a full MiCA license. This license will enable Okx to offer localized crypto services to over 400 million Europeans through its European Economic Area (EEA) hub in Malta.
The full MiCA license will allow Okx to provide regulated crypto exchange products, including spot and bot trading for more than 240 cryptocurrency tokens across 260 trading pairs and 60 Euro-based trading pairs.
Okx plans to obtain the full MiCA license from its Malta hub, which can be utilized across all 30 EEA member states. The exchange chose Malta as its MiCA hub due to the country's comprehensive regulatory approach and high standards for blockchain and cryptocurrency, as well as its strong technology infrastructure. We currently hold a Class 4 VASP license from the MFSA
said Okx.
