MiCA license comes in for OKX, Crypto.com and BitPanda for full EU operation
OKX also joined as one of the first recipients of the license, becoming one of the first major centralized exchanges with full MiCA compliance
Crypto.com announced the full enforcement of its MiCA license, turning it into one of the compliant crypto brokers for the European Union.
Other EU-based brokerages like BitPanda have also secured their versions of the license. The international brokerage is registered with the German BaFin, also having a full MiCAR license.
BitPanda Global is one of the long-running brokerages that have been compliant with Euro-area requirements.
OKX also joined as one of the first recipients of the license, becoming one of the first major centralized exchanges with full MiCA compliance. The market also achieved pre-authorization last week, later fully enforcing the license.
The list of MiCA compliant exchanges grows
The three brokerages join Circle on the list of MiCA compliant entities. The Euro-area regulation was also seen as potentially usable in other regions, as a way to restrict and track digital assets.
At the beginning of the new year, MoonPay also joined the list of MiCA-compliant payment processing and crypto services. The app saw more than 750,000 new account registrations after the announcement, driven by the recent spike in demand for Solana ecosystem tokens.
Binance has also prepared ahead of time for the enforcement of MiCA by removing USDT pairs, but is yet to announce its own licensing status.
