OKX, a popular cryptocurrency exchange, secures Markets in Crypto-Assets Regulation (MiCA) license to regulate crypto products to over four million people all across Europe. With this announcement, OKX is going to bring revolution in the field of crypto in Europe at a large scale through its Malta-based hub, European Economic Area (EEA). This declaration will bring a large number of possibilities for crypto enthusiasts in the region.
OKX Begins Passporting in Coming Days
OKX is going to start its passporting in the coming days to its 30 European Economic Area (EEA) member states, serving the crypto community even in a better way. Basically, passporting is a law that permits businesses in one EU country to offer their services in another EU country. This is done in a unified regulatory framework. OKX will operate under this MiCA license and will offer its beneficial services.
Under this regulatory framework, OKX is going to benefit its users. OKX will provide a user-friendly and simple exchange in order to attract the attention of crypto aspirants. Moreover, it will provide advanced Exchange for traders and a comprehensive Wallet for crypto aspirants.
MiCA License Unlocks a World of Possibilities
The things that used to be difficult before this MiCA license is going to be easy on OKX. Impossibilities are going to change into possibilities with this regulatory framework. Whether you are going to invest long-term in crypto or bot trading you will soon have access to 240+ cryptocurrency tokens.
OKX will be a safer and more dependable firm in the whole region after this regulatory framework. OKX is going to offer local language products, local language customer support, and local currency displays. Through this MiCA license, a team of local experts will be organized which will help the young enthusiasts in their journey of crypto.
This MiCA license shows the progressive approach of Europe as they prioritize digital finance. This also shows that Europeans do care about the safety and security of the investment of the investors.
Source: https://blockchainreporter.net/okx-secures-mica-license-to-regulate-crypto-products-innovating-crypto-in-europe/