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OKX Receives MiCA Certification, Joining Robinhood, BitPanda In EU Operations; Gemini Awaits Approval

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As the certification does not become the norm, many more companies announce their recently acquired permit to work in Europe. Okx is another blockchain company that announced on January 27, 2025 which is not certified.

The company is now certified to offer its complete range of products and services in all 27 EU member states. For investors in Europe this is good news. Now they have access to a series of regulated cryptocurrency services including trading OTC, bot’s negotiation, commercial negotiation and copies trading.

For new investors in Crypto, a regulated company can relieve many concerns. Mica’s regulatory framework for cryptographic resources is committed to safety and transparency in cryptographic space.

With the Mica of Okx certification now, investors can take advantage of over 240 cryptocurrency tokens on 260 couples on the platform without any sense of apprehension. The platform also allows you to access 60 more tokens based on euros.

For users who intend to use Okx for their investments, the platform offers improved user experience. The OKX app will be characterized by a local language option, currency display and customized customer support for specific regions of the See.

Bonus points for greater accessibility since the app will allow users to deposit and withdraw without additional costs. The possibility for users to buy cryptocurrencies using their cards and other trusted localized payment methods is good.

Erald Ghos, CEO Europe of Okx, said: “The entire license mica marks a fundamental step in the Okx journey as responsible leader in the global encryption ecosystem. Europe has an immense potential as a milestone for Blockchain technology and the Mica framework provides a solid base for the growth of the sector “.

Explore: Stablecoins compliant with the Mica dominate the European market. The BTC-EUR trading pair thrives!

So, who complies with the mica and who does not?

Several exchanges of cryptocurrency have already received their licenses pursuant to the Mica regulation. MoonPay made their official license official last month. Since then, a score of companies has gone forward and received their licenses. Bitstaete, ZBD and Hidden Road received their license as a mica from the Dutch authority. While companies like Socialos.com and Crypto.com received the license in Malta.

Crypto Finance, a subsidiary of Deutsche Boesce and Bitpanda, received their licenses on January 27, 2025. Robinhood also announced their entry into Spain on January 21, 2025. The company offers exchanges and pickets based on the MICAS regulations as moved to expand its European presence.

There are companies that are still working to get the license. Beautiful, for example, he is currently actively pursuing his license in Austria. In response to Mica’s conformity requirements, the company made the decision necessary to adapt the availability of its products and services in Europe for the moment.

Gemini is also working hard to get the license for operations in the EU. The company has recently moved its headquarters from Dublin to Malta in an attempt to quickly follow the approval of the license. The company currently holds a VASP license in six countries: Malta, France, Ireland, Spain, Italy and Greece.

Explore: Tether’s USDT must be deleted on Crypto.com, nine other tokens at risk

Tether and Coinbase are not yet certified. In December, Coinbase canceled several crypt and USDT assets that have not respected the mica regulations. A deadline was also given to Tother to eliminate their USDT by January 31, 2025.

Explore: Robinhood expands in Spain, offering cryptic negotiations

The post OKX receives the mica certification, which joins Robinhood, Bitpanda in EU operations; Gemini awaits the approval appeared first out of 99bitcoin.

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