OKX Receives MiCA Pre-Authorization for Malta Hub, Expands EU Services

Cryptocurrency exchange OKX has received pre-authorization for compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation, marking a significant step toward securing a full MiCA license. The Malta Financial Services Authority (MFSA) granted the pre-authorization on January 22, 2025, allowing OKX to finalize its licensing process. With this approval, OKX plans to offer a wide range of services and more than 240 tokens across Europe once it secures full MiCA approval. The exchange is positioning itself to provide localized services to over 400 million users across the EU.

OKX Expands European Operations with MiCA Compliance

OKX’s pre-authorization comes after establishing a MiCA compliance hub in Malta in July 2024. The exchange plans to list over 240 tokens and offer services like spot, over-the-counter, and bot trading to comply with MiCA regulations. As recently as September 2024, the exchange gained licensing in Singapore, expanding its reach in an important crypto market.