Announced on January 27, 2025, the approvals represent a major breakthrough for these companies as they expand their operations across Europe.<\/p>\n
OKX\u2019s European CEO, Erald Ghoos, celebrated the milestone<\/a><\/strong>, describing it as a reflection of the industry\u2019s maturity and growing acceptance. By leveraging its base in Malta, OKX plans to use MiCA\u2019s passporting mechanism to offer its services across all 30 European Economic Area (EEA) member states, potentially reaching hundreds of millions of users. The passporting feature, unique to MiCA, allows licensed entities to operate seamlessly across the EU without additional regulatory approvals in each country.<\/p>\nCrypto.com also shared<\/a><\/strong> its success in obtaining an in-principle license earlier this month. President and COO Eric Anziani praised MiCA for bringing clarity and consistency to crypto regulation in the EU, fostering confidence and stability in the market. Anziani emphasized that a unified regulatory framework would benefit both investors and businesses, accelerating the industry\u2019s growth.<\/p>\n
Crypto.com also shared<\/a><\/strong> its success in obtaining an in-principle license earlier this month. President and COO Eric Anziani praised MiCA for bringing clarity and consistency to crypto regulation in the EU, fostering confidence and stability in the market. Anziani emphasized that a unified regulatory framework would benefit both investors and businesses, accelerating the industry\u2019s growth.<\/p>\n