OKX, a major cryptocurrency exchange, has established a MiCA hub in Malta as of July 2024, marking a significant step towards securing a full MiCA license. The move comes as part of OKX's strategic efforts to comply with the upcoming European regulatory framework for cryptocurrencies.
This pre-authorization helps position OKX to better navigate and adhere to the expected MiCA regulations, enabling them to continue offering their services across the European market with enhanced compliance and security measures.
Source: cointelegraph.com ↗