The cryptocurrency world is steadily moving towards recognition, and here is another important step: the OKX exchange has declared itself. On June 17, the company's representatives announced the launch of their centralized trading platform in Germany and Poland. They have obtained all necessary permits that comply with MiCA regulations. Now residents of these countries can trade more than 270 different cryptocurrencies, including more than 60 trading pairs with euros.

Striving for an impeccable reputation, OKX initially focused on full compliance with the requirements of European legislation. Erald Gus, head of the European direction, focuses on adapting to local conditions and strictly following the rules as the main components of success. Taking into account the language features, support for popular payment methods and the ability to operate with local currency, including SEPA transfers, make the platform as user-friendly as possible for ordinary traders.

However, the most important point is the MiCA license, which actually gives OKX access to large institutional investments. Transparency and predictability of the legal framework reduce the concerns of major players, which could potentially lead to a significant influx of liquidity to the platform.

It is important to note that OKX became the first among the crypto exchanges to receive a full-fledged MiCA license. This event even attracted the attention of the President of the European Council, Charles Michel, who mentioned it on his social networks.

Just like Binance and Coinbase, OKX is also looking towards European markets with clear rules. Funny, isn't it? As practice shows, such a move usually entails an increase in trading volumes and the availability of assets, especially in popular pairs such as BTC/EUR and ETH/EUR.

Experts believe that OKX's decision to enter the European market, where everything is legal, may spur interest in crypto from large investors. The clearer the rules are and the less ambiguity there is from a legal point of view, the more willing companies from the traditional financial sector will be to invest in cryptocurrencies. Therefore, in the future we may see new records and, possibly, major changes in the way the crypto market works.