4 hours ago
The Payments Institution license, gained successful Malta, aligns the speech with European Union regulatory requirements that instrumentality effect successful March 2026.
Feb 16, 2026, 8:00 a.m.
Cryptocurrency speech OKX has obtained a outgo instauration (PI) licence successful Malta, aligning with European Union regulatory requirements that instrumentality effect successful March.
The licence allows OKX to proceed offering stablecoin-related outgo services crossed the EU successful afloat compliance with the Markets successful Crypto-Assets (MiCA) regularisation and the Second Payment Services Directive (PSD2), the institution said successful a property merchandise connected Monday.
Under the updated PSD2 framework, crypto-asset work providers engaging successful outgo activities involving stablecoins, legally classified arsenic physics wealth tokens (EMTs), indispensable clasp a PI oregon physics wealth instauration (EMI) authorization.
"We person precocious launched real-world outgo products, including OKX Pay and our OKX Card, that bring stablecoins into mundane use. Securing a Payment Institution licence ensures that these products run connected a afloat compliant footing,” said Erald Ghoos, CEO of OKX Europe.
At the extremity of past month, OKX introduced a crypto outgo card successful Europe successful relation with Mastercard. The speech is enthusiastic astir stablecoins entering mainstream finance. OKX Ventures, the firm’s innovation concern arm, precocious backed stablecoin issuance level STBL.
More For You
Hong Kong is trying to physique up its crypto regulations: State of Crypto
Several leaders successful Hong Kong announced efforts to beforehand the region's regulatory environment.
English (US) 