{"id":45940,"date":"2025-01-23T14:54:00","date_gmt":"2025-01-23T14:54:00","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/okx-receives-mica-pre-authorization-nod\/"},"modified":"2025-01-23T14:54:00","modified_gmt":"2025-01-23T14:54:00","slug":"okx-receives-mica-pre-authorization-nod","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/okx-receives-mica-pre-authorization-nod\/","title":{"rendered":"OKX receives MiCA pre-authorization nod"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2020\/05\/European-Union-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2020\/05\/European-Union-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2020\/05\/European-Union-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2020\/05\/European-Union-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>OKX will use the license to offer localized crypto products and services across the European Economic Area.<\/li>\n<li>The MiCA pre-authorization was secured from the Malta Financial Services Authority (MFSA).<\/li>\n<\/ul>\n<p>Crypto exchange OKX has received pre-authorization as a Virtual Financial Assets (VFA) exchange under the European Union\u2019s Markets in Crypto-Assets (MiCA) regulation.<\/p>\n<p>On Jan. 23, the exchange <a href=\"https:\/\/www.prnewswire.com\/news-releases\/okx-is-the-first-global-exchange-to-receive-mica-pre-authorization-set-to-offer-regulated-crypto-products-locally-to-over-400m-europeans-302358573.html\" target=\"_blank\" rel=\"noopener\">announced<\/a> it secured pre-authorization from the Malta Financial Services Authority (MFSA).<\/p>\n<p>The milestone comes ahead of an anticipated approval for a full MiCA license. Once the firm secures the full license, it will roll out its suite of crypto products and services \u2013 all localized and accessible to millions of people across the European Economic Area (EEA).<\/p>\n<p>OKX will use the <a href=\"https:\/\/coinjournal.net\/news\/tag\/mica\/\">MiCA<\/a> license to passport its services from the Malta hub, targeting the EEA region\u2019s 30 member states.<\/p>\n<p>\u201cSecuring pre-authorization for the MiCA license is a major milestone that further validates OKX\u2019s mission to lead and build responsibly in the global crypto space. OKX will be the go-to digital asset platform for both retail and institutional customers in Europe for any digital asset offering under a fully regulated framework,\u201d said OKX Europe chief executive officer Erald Ghoos.<\/p>\n<p>The license will allow the exchange to expand access to its regulated crypto products, with customers benefiting from features such as <a href=\"https:\/\/coinjournal.net\/news\/okx-adds-support-for-new-usdc-spot-trading-pairs\/\">spot trading<\/a>, bot trading and OTC trading. OKX offers more than 240 cryptocurrencies and over 260 trading pairs.<\/p>\n<p>Several exchanges and platforms have sought MiCA registration to continue offering services in the EU. This includes Crypto.com, which received an <a href=\"https:\/\/coinjournal.net\/news\/crypto-com-receives-in-principle-mica-licence\/\">in-principle license<\/a> earlier this month.<\/p>\n<p>Meanwhile, some providers have announced delistings or temporary exits after the comprehensive regulations came into full effect at the end of December 2024.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/okx-receives-mica-pre-authorization-nod\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) OKX will use the license to offer localized crypto products and services across the European Economic Area. The MiCA pre-authorization was secured from the Malta Financial Services Authority (MFSA). Crypto exchange OKX has received pre-authorization as a Virtual Financial Assets (VFA) [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":45941,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/45940"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=45940"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/45940\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/45941"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=45940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=45940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=45940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}