EU Crypto Market Expansion: OKX Secures Key Licenses to Offer Derivatives
by aria-crypto.com
March 12, 2025 at 21:27
EU Crypto Market Expansion: OKX Secures Key Licenses to Offer Derivatives
Crypto exchange OKX has significantly strengthened its foothold in the European financial markets by acquiring a Markets in Financial Instruments Directive II (MiFID II) license. This strategic move allows OKX to offer derivatives trading to institutional investors across the European Economic Area, which includes all EU member states as well as Iceland, Liechtenstein, and Norway. Earlier, OKX acquired a similar preauthorization under the Markets in Crypto-Assets (MiCA) framework, enabling them to provide localized services across 28 markets within the region. Combining MiFID II and MiCA licenses, OKX solidifies its offerings and regulatory compliance, targeting both institutional and potentially retail clients. The acquisition places OKX among the elite exchanges like Kraken and Coinbase, that comply with EU's strict financial regulations. As one of the world’s largest cryptocurrency exchanges by daily volume, OKX is well-poised to tap into the rising demand for cryptocurrency derivatives in Europe. Lastly, this expansion comes amid an evolving regulatory environment and showcases OKX's commitment to integrating deeply into the European financial landscape.
Read more
>> South Korea Accelerates Crypto Market Evolution with New Institutional Guidelines
The Financial Services Commission (FSC) of South Korea has resolved to issue comprehensive guidelines by the third quarter of 2025 to govern institutional investments in the cryptocurrency market. This strategi...
>> SEC Delays Send Solana Markets into Turmoil, Prompting Major Sell-Off
On Tuesday, the US Securities and Exchange Commission (SEC) postponed its decision on multiple altcoin exchange-traded funds (ETFs), inducing a $16 million exodus from Solana's spot markets. This delay has exac...
an hour ago
>> Russia's New Crypto Strategy: Limited Trading for Wealthy Investors Amid Regulatory Shifts
The Bank of Russia has unveiled a proposal to allow a selective group of investors to engage in cryptocurrency transactions under a tightly regulated, experimental regime lasting three years. This initiative ta...
>> SEC Reviews Key Bitcoin and Crypto ETFs Amidst Regulatory Debates
The SEC has postponed its decision on approving spot ETFs for prominent cryptocurrencies such as XRP, SOL, ADA, and DOGE until May 2025, highlighting a continued emphasis on extensive regulatory evaluation. Thi...
3 hours ago
>> Crypto Controversy Unfolds as Former Court Star Allegedly Manages $100 Million Wallet
Former Supreme Court attorney Tom Goldstein, known for his involvement in founding SCOTUSblog, has been alleged by US federal prosecutors to have accessed a cryptocurrency wallet involved in transactions amount...
5 hours ago
>> SEC, Crypto, and Bloomberg Insights: Analyzing the Delays in ETF Approvals
The U.S. Securities and Exchange Commission (SEC) has once again deferred its decision on approving crucial crypto exchange-traded funds (ETFs) including those for Litecoin, Dogecoin, Solana, and XRP. According...
9 hours ago
>> How US Bitcoin Policy Impacts the Financial Market and Consumer Prices
In the midst of ongoing economic pressures including new tariffs and market volatility, recent U.S. policy decisions surrounding Bitcoin are rapidly reshaping investor actions and broader financial dynamics. Th...
10 hours ago
>> Crypto Expansion Gains Momentum with PayPal's PYUSD in Mesh's $82M Series B Boost
Crypto payments company Mesh has successfully raised $82 million in a Series B funding round to enhance its blockchain-based global settlement network. This funding round was led by Paradigm and saw contributio...
11 hours ago
>> US Crypto Clampdown: Billions in Airdrop Profits Lost
US crypto investors have missed out on between $1.84 billion to $2.64 billion in airdrop profits from 2020 to 2024 due to stringent regulations and geoblocking, according to a new report by DragonFly. The US go...
All the latest crypto news in one place
Stay informed and up-to-date on the market's latest news with our Terminal's News Aggregator with curated news articles and analysis from over 50 sources, including the crypto's biggest publications.
Launch Terminal
