When MICA certification is standard, more companies have announced recently acquired permissions. OKX is another blockchain company that announced on January 27, 2025 that it was a MICA certification.
The company is currently certified to provide all products and services throughout the 27 members of the EU. This is good news for European investors. Currently, you can access various regulated encryption services, such as OTC trading, bot transactions, spot trading, and copy transactions.
For investors who use Crypto for the first time, regulated companies can reduce many concerns. The MICA regulatory framework for cryptocien assets aims for the security and transparency of the cipher space.
OKX is currently certified by OKX, so investors can use more than 240 cipher tokens on 260 pairs on the platform without any anxiety. This platform can also access more than 60 Euro -based tokens.
For users planning to use OKX for investment, the platform enhances user experience. The OKX app includes local language options, currency displays, and customer support tailored to specific areas of EEA.
We are proud to be the first global exchange to secure a MICA license!
Our completely regulated encryption products are currently set to deploy to more than 400m in Europe.
This is a encryption victory, a regulated milestone, and a step toward a large -scale recruitment.
learn more:… pic.twitter.com/spfvsemgck
-OKX (@okx) January 27, 2025
Bonus points for improving accessability because the app can deposit and withdraw at no additional charges. The ability for users to purchase Crypto using cards and other reliable, localized payment methods is also excellent.
MORALD GHOOS, a European CEO of OKX, said: Europe has an immeasurable possibility as a basis for blockchain technology, and MICA framework provides a powerful foundation for the growth of the industry. “
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So who is compliant with mica and who is not?
Some cryptocurrency exchanges have already received licenses under MICA regulations. Moonpay officially had a MICA license last month. Since then, many companies have advanced and received licenses. BITSTAETE, ZBD, and Hidden Road received a Mica license from the Dutch authorities. Companies like Socios.com and Crypto.com have received a license in Malta.
Crypto Finance, a subsidiary of Deutsche BoERSE and Bitpanda, received a license on January 27, 2025. Robin Food also announced on January 21, 2025 to enter Spain.
Some companies are still working on a license. For example, Bybit is currently actively pursuing licenses in Austria. In response to the MICA compliance requirements, the company has decided to adjust the availability of products and services in Europe for the time being.
Gemini is also working hard to approve the license to operate in the EU. The company has recently moved from Dublin to Malta to quickly track the license approval. The company currently has a VASP license in Malta, France, Ireland, Spain, Italy and Greece.
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Tether and Coinbase have not yet been certified. In December, Coinbase listed some encrypted assets and USDTs that did not comply with MICA regulations. The tether has also been given a deadline to abolish USDT by January 31, 2025.
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POST OKX receives MICA certification and participates in Robinhood, the EU -operated bitpanda. Gemini is waiting for the first approval that appeared in 99 -bit coin.
