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OKX Becomes First Crypto Exchange to Secure MiCA Pre-Authorization

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By on January 23, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post OKX Becomes First Crypto Exchange to Secure MiCA Pre-Authorization appeared first on Coinpedia Fintech News

In a latest development, OKX has become the first crypto exchange to get pre-authorization under the Markets in Crypto-Assets Regulation (MiCA), allowing it to expand into Europe. Once it gets the full license, OKX will offer crypto services to over 400 million people in Europe through its Malta hub. The MiCA license will allow OKX to offer a wide range of regulated crypto products, including OTC trading, spot trading, and bot trading, featuring over 240 cryptocurrency tokens across 260 trading pairs and 60 Euro-based trading pairs. OKX plans to improve user experience by localizing its services, including offering local language support, regional currency displays, and customized customer assistance.

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