OKX Debuts Regulated Crypto Exchanges in Germany, Poland


OKX Debuts Regulated Crypto Exchanges in Germany, Poland
Image source: CoinToday
- OKX launches regulated centralized exchanges in Germany and Poland. - Users gain access to over 270 cryptocurrencies and 60 crypto-euro pairs. On June 17, 2025, CoinDesk reported that OKX launched fully regulated centralized crypto exchanges in Germany and Poland. This expansion enables users in these countries to access over 270 cryptocurrencies and trade more than 60 crypto-euro pairs, which feature deep liquidity and low fees. OKX launched in Germany and Poland as part of its strategic expansion in Europe, a move that followed its acquisition of a MiCA (Markets in Crypto-Assets) license. OKX also met MiFID II (Markets in Financial Instruments Directive) compliance requirements earlier this year. Furthermore, the MiCA license allows OKX to offer regulated products and services to over 400 million residents across the European Economic Area (EEA). OKX expects the MiFID II licensed entity to become operational later this year, pending approval from the Malta Financial Services Authority (MFSA). Users in these new markets can now utilize OKX's services, such as spot trading, staking, and automated trading bots. In addition, they can deposit and withdraw euros through SEPA transfers and local bank transfers. Additionally, they can purchase digital assets using various local payment methods. Moreover, OKX further localized its platforms by offering native language support and dedicated regional customer service teams. To manage the new markets, OKX appointed Moritz Putzhammer as General Manager for Central Europe and the Nordics, and it also appointed Gabriel Manduca as General Manager for Eastern Europe. OKX stated that these launches align with its commitment to building the future of crypto, a commitment that focuses on security, transparency, and tailoring services to meet local needs. OKX Europe CEO Erald Ghoos emphasized that the MiFID II authorization strengthens the company’s position in Europe, noting that this underscores its dedication to compliance, security, and innovation. As of June 17, 18:16 UTC, OKB (OKB) trades at $49.05, according to CoinMarketCap. The token's 24-hour trading volume decreased by 5.427%.
Article Info
Category
Market
Published
2025-06-17 18:25
NFT ID
PENDING
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