After MiCA License, OKX Expands EU Reach with MiFID II Entity Acquisition ⋅ Crypto World Echo
OKX, a global blockchain technology company, announced todayits acquisition of a Markets in Financial Instruments Directive (MiFID II)licensed entity.
The announcement was made at a private event held at ManoelIsland in Malta. The new entity is expected to become operational later thisyear, pending approval from the Malta Financial Services Authority (MFSA).
OKX Obtains MiFID II License for Europe
“Securing a MiFID II license marks a significantmilestone in our mission to integrate digital assets with traditional financialmarkets. This authorization strengthens our position in Europe, underscoringour commitment to regulatory compliance, security, and innovation,” said OKXEurope CEO, Erald Ghoos.
This acquisition enables OKX to offer regulated derivativeproducts and services to institutional clients across the European EconomicArea (EEA), including all 30 EU member states.
This move strengthens OKX’sfocus on regulatory compliance and expanding its presence in onshorefinancial markets.
“With this license, we are set to deliverinstitutional-grade services, partner with tier 1 financial institutions, andoffer regulated investment solutions that enhance market access and empowerinvestors across the continent,” Ghoos added.
OKX Expands EU Reach with New License
The latest development sees OKX President Hong Fangcommenting: “OKX is committed to advancing a sustainable and transparentecosystem in the crypto space. Obtaining a MiFID II license aligns with ourmission to make regulated crypto products accessible across Europe,underscoring our dedication to responsible expansion with regulatory complianceat the forefront.”
On January 27, OKXobtained a full MiCA license. As a result, it can now offer fully localizedservices to the European Union (EU) through passporting. EU customers canaccess a wide range of regulated crypto exchange products, including OTCtrading, spot trading, bot and copy trading, and over 240 cryptocurrency tokensacross 300 trading pairs.
The platform alsosupports 60+ Euro-based trading pairs. OKX’s website and mobile app arecustomized for local languages, currency displays, and customer support.
This article was written by Tareq Sikder at www.financemagnates.com.
