• OKX stated it was a “major milestone” to obtain the total MiCA license
• Crypto.com acquired an in-principle earlier this month
• The EU rolled out its MiCA rules on December 20, 2024

Crypto exchanges Crypto.com and OKX are the newest platforms to obtain full licenses underneath the EU’s Markets in Crypto Belongings (MiCA) regulation.

Each exchanges introduced the information in separate posts revealed on January 27, 2025.

In a weblog submit, Erald Ghoos, Europe CEO of OKX, stated securing the MiCA license was a “major milestone for OKX, a win for crypto in Europe, and a testament to the growth and mass adoption of the industry at scale.”

Ghoos continued by saying the platform can present its crypto services to greater than 400 million individuals throughout Europe by its crypto hub in Malta.

“In the coming days, OKX will begin passporting its MiCA license from its Malta hub to all 30 EEA member states,” Ghoos stated.

Passporting is a part of the MiCA regulation that permits licensed and registered companies to supply their providers in one other EU nation underneath a unified regulatory framework.

The information of OKX receiving a full license follows its announcement that it gained pre-authorization as a Digital Monetary Belongings (VFA) change underneath the European Union’s MiCA regulation.

Totally supportive of MiCA

Crypto.com introduced by way of X that it had acquired a full MiCA license.

We’re proud to announce that right now we’ve acquired full approval of our MiCA license. https://t.co/ijU4pgLuhu

— Crypto.com (@cryptocom) January 27, 2025

Earlier this month, Crypto.com revealed that it had acquired an in-principle MiCA license.

On the time, Eric Anziani, president and COO of Crypto.com, stated: “We have always been fully supportive of MiCA and strongly believe it will bring clarity, transparency, and establish a more streamlined sentiment towards the regulation of our industry across the EU, all of which adds to the growing confidence in the crypto sector.”

Bitpanda additionally acquired a full MiCA license from German regulator BaFin right now.

Bitpanda, Crypto.com, and OKX be a part of the likes of Boerse Stuttgart Digital, Circle, Coinbase, and MoonPay are among the crypto firms to have efficiently secured MiCA approval forward of the regulatory rollout of MiCA within the EU.

The excellent crypto guidelines got here into full impact on December 30, 2024.