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OKX Among the First MiCA-Licensed Global Exchanges to Passport Crypto Services to 28 EEA Countries

February 20, 2025 By Crypto Reporter PR

OKX, a leading global blockchain technology company, announced today that it is now among the first MiCA (Markets in Crypto-Assets)-licensed global crypto exchanges to receive approval to passport its services across Europe.

OKX now offers fully regulated, localized crypto products and services to over 400 million Europeans in 28 EEA (European Economic Area) member states through its EEA hub based in Malta:

  • 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
  • Sweden

Customers in the region now have access to OKX’s unrivaled, secure, and transparent infrastructure. This includes: OTC trading, spot trading, and bot trading, for more than 240 cryptocurrency tokens across over 300 trading pairs, and more than 60 Euro-based trading pairs. European customers can also deposit and withdraw Euros for free through bank transfers, and easily buy crypto using cards and other widely-used local payment options.

In addition, the firm promises to provide a seamless user experience by offering:

  • App and web platforms in local languages
  • Local currency display options
  • Local language customer support
  • A wide variety of popular local payment methods
  • Products tailored to regional preferences
  • An easy-to-use interface for beginners
  • A full-featured product interface for advanced users

Passporting allows businesses that are MiCA registered and licensed in one EU country to offer its services in other EU countries under a unified regulatory framework. The approval follows OKX’s receipt of the MiCA license on 27th January 2025.

OKX Europe CEO, Erald Ghoos said: “Securing the MiCA license and achieving passporting rights underscores our unwavering commitment to providing secure, transparent, and localized crypto services across the EEA. With support for local languages, currencies, and payment methods, we are making crypto trading more accessible than ever. OKX is the new alternative for European crypto finance, and the milestone solidifies our position as   go-to platform for both beginners and advanced customers in the EEA.”

OKX serves over 60 million customers worldwide and is a leader in advanced and reliable cryptocurrency services, offering both centralized (CEX) and decentralized (DEX) exchange platforms. Passporting through MiCA allows the firm to scale its services across Europe and is part of the firm’s global efforts to grow its onshore business. In 2024, OKX launched in seven onshore markets and obtained four new licenses and registrations.

Learn more at okx.com

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