OKX has selected Malta as its MiCA hub in the European Union. Under the MiCA framework, OKX plans to offer spot trading including EUR and USDC trading pairs, as well as buying, selling, converting and pledging services to eligible European Union residents. OKX's local entity, Okcoin Europe Ltd, has held a virtual financial asset service provider license issued by the Malta Financial Services Authority since 2021. OKX said it will adopt a regulated model, investing in compliance, risk and corporate governance, aiming to become one of the most accessible cryptocurrency trading platforms. In February, OKX also launched a crypto exchange in Turkey as part of its international expansion plan.