• OKX mentioned acquiring the complete MiCA license was a “big milestone”
• Crypto.com obtained its Rules earlier this month
• The EU launched the MiCA regulation on December 20, 2024

Cryptocurrency exchanges Crypto.com and OKX are the newest platforms to obtain full license underneath the EU’s Markets in Cryptoassets (MiCA) regulation.

Each exchanges introduced the information in separate posts revealed on January 27, 2025.

Securing the MiCA license is “a significant milestone for OKX and a victory for cryptocurrencies in Europe, and a testomony to the large development and mass adoption of the business,” OKX European CEO Erardo Goos mentioned in a weblog submit. He mentioned that.

Mr Goose went on to say that the platform will be capable to supply cryptocurrency services to over 400 million folks throughout Europe via the Malta cryptocurrency hub.

“Within the coming days, OKX will start issuing MiCA license passports to all 30 EEA member states from its base in Malta,” Mr Goose mentioned.

Passporting is a part of the MiCA regulation, which permits licensed and registered corporations to supply providers in different EU nations underneath a unified regulatory framework.

The information that OKX has been totally licensed follows the corporate’s announcement that it has obtained pre-authorization as a digital monetary asset (VFA) trade underneath the European Union’s MiCA rules.

I’ll totally assist MiCA

Crypto.com introduced that it has acquired a full MiCA license by way of X.

At present, we’re proud to announce that we now have obtained full MiCA license approval. https://t.co/ijU4pgLuhu

— Crypto.com (@cryptocom) January 27, 2025

Earlier this month, Crypto.com revealed that it had obtained a MiCA license in precept.

On the time, Eric Anziani, president and chief working officer of Crypto.com, mentioned: “We’ve at all times totally supported MiCA and strongly imagine that it’s going to carry readability and transparency and set up a extra rational sentiment in direction of the regulation of our business the world over.” EU , all that is growing confidence within the crypto sector. ”

Bitpanda immediately additionally obtained a full MiCA license from German regulator BaFin.

Bitpanda, Crypto.com and OKX be a part of Boerse Stuttgart Digital

The Complete Crypto Rule went into full impact on December 30, 2024.