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OKX Expands Crypto Services To 28 EEA Nations: Explore Best Crypto To Buy!

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OKX has officially obtained a license under the European Union markets in the organizational framework of the Current Organization (MICA). However, the company can provide its services in all 28 member states in the European Economic Zone (EA).

On February 18, 2025, the company said: “With the MICA license secured, we are doing the passports of encryption services throughout Europe – while providing local payment methods and safe and smooth access to 400 million users.”

Comment on development, Irerald Guz, CEO of OKX EUROPE, said, said. “Securing MICA and achieving passport rights confirms our fixed commitment to providing safe, translated and translated encryption services throughout the European Economic Zone.”

“With the support of local languages, currencies and payment methods, we make encryption trading easier than ever.” Ghoos added. “OKX is the new alternative to European encryption financing, and this landmark enhances our site as the transition platform for both beginners and advanced customers in the European Economic Zone.”

OKX will face a competition from Bitpanda, Crypto.com

Crypto.com also announced in Singapore the insurance of MICA license on February 12, 2025. With this approval, the company can officially launch its services in all EEA members of the thirtieth.

Bitpanda, Fintech Unicorn, received a MICA license on January 27, 2025.

The company obtained the expansion permit in the European Union from the Federal Financial Supervision Authority (BAFIN). The license is valid immediately, allowing Fintech Unicorn to start operations across the European Union member states.

On January 20, 2025, the United States -based Gemini announced the transfer of its headquarters from Dublin to Malta as a mica axis.

“After receiving a virtual financial assets license (VFA) in Malta in December 2024 (registration of the Sixth Virtual Asset service provider), this step will enable us to enable the next era of financial, creative and personal freedom in Europe.” .

Robinhood Crypto announced that it entered Spain on January 21, 2025, allowing users In the country To access trading services, tricks, and investment. This represents the company’s last step to expand its European presence, after the implementation of MICA.

Explore: Robinhood expands to Spain, provides encryption and dealing with MICA regulations

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  • The MICA passport advantage allows licensed companies in one country of the European Union to work smoothly in all member states without the need for additional approvals.

  • OKX joins another prominent exchange such as Bitpanda and Crypto.com to adhere to the organizational structure of Mika.

Post OKX expands encryption services to 28 EA: Explore the best purchase! First appeared on 99bitcoins.

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