OKX Celebrates Regulatory Milestone and Focuses on France
After obtaining PSAN approval in 2023, OKX returns to the spotlight with another regulatory achievement and new upgrades tailored for its French users.
The news is significant: OKX becomes the first exchange to secure a MiCA license, enabling it to offer services across all European Union countries—potentially reaching 400 million customers.
OKX is Now Live Across 28 EEA Countries 🇪🇺
With MiCA licensing secured, we’re passporting regulated crypto services across Europe—offering local payment methods and secure, seamless access to 400M+ users.
A new alternative for Europe’s crypto future ➡️… pic.twitter.com/Ak3ieaCrfh
— OKX (@okx) February 18, 2025
The license followed rigorous reviews of OKX’s infrastructure robustness, investor protection measures, and risk management practices.
While the entire European market is now accessible, French users will see immediate benefits. According to its announcement, OKX plans to launch a fully French-language interface and integrate local payment systems soon. French-speaking customer support will also be introduced.
Regulatory Changes on the Horizon
Despite this milestone, the European Securities and Markets Authority (ESMA) continues to propose stricter crypto regulations.
Key proposals include mandatory competency criteria for crypto professionals: industry knowledge, relevant work experience, and formal qualifications. Companies must regularly assess employee compliance.
— ESMA – EU Securities Markets Regulator 🇪🇺 (@ESMAComms) February 17, 2025
Currently, these rules target employees of crypto platforms and related service providers. The industry’s feedback will be reviewed in April.
The takeaway: In crypto, expertise isn’t solely defined by academic credentials.
FAQ Section
1. What does the MiCA license mean for OKX users?
The license allows OKX to operate legally across all EU countries, ensuring compliance and expanded services for 400 million potential users.
2. How will French clients benefit?
French users gain localized features, including a native-language interface, local payment options, and dedicated customer support.
3. Are more regulatory changes expected?
Yes. ESMA’s proposed rules may require crypto professionals to meet stricter competency standards, with ongoing evaluations by employers.
4. When will OKX’s French updates go live?
The French-language platform and payment integrations are expected soon, though OKX hasn’t specified an exact date.
5. Is OKX’s MiCA license a guarantee of stability?
While the license is a major step, the regulatory landscape remains dynamic, with further EU-wide changes likely.
👉 Explore OKX’s EU Expansion
👉 Learn About MiCA Compliance
Disclaimer: This content is for informational purposes only. Consult a professional before making financial decisions.
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