Erald Ghoos, CEO of OKX Europe, announced the company’s new launch in France, emphasizing that it strengthens its MiCA-compliant operations and delivers tailored products for one of the European Union’s most active cryptocurrency communities. This statement was made in an official press release.
“We’ve officially launched our fully regulated centralized crypto exchange in France, made possible through MiCA passporting from our European HQ in Malta,” said Ghoos. “France is one of the most important crypto markets in the European Economic Area, with a strong community and growing appetite for digital assets. we’re proud to be among the first global exchanges to meet its standards, and France is just the beginning. we’re here to stay, and we’re here to serve, with products that meet local needs, support that speaks your language, and a platform you can trust.”
The European Union has established the Markets in Crypto-Assets Regulation (MiCA) as its first comprehensive regulatory framework for crypto services. It aims to harmonize licensing, consumer protection, transparency, and oversight across all EU and European Economic Area (EEA) member states. According to OKX’s announcement, the platform has become one of the first global crypto exchanges to secure MiCA authorization and passport its services across 28 EEA countries. This marks a pivotal milestone for regulated crypto operations in Europe.
OKX’s MiCA authorization enables it to offer fully regulated, localized crypto services to over 400 million people across 28 EEA countries, managed via its European hub in Malta. The platform supports over 240 cryptocurrency tokens across more than 300 trading pairs, including over 60 euro-based trading pairs. It also allows free euro deposits and withdrawals via bank transfers, highlighting its regulatory reach and robust product offerings across Europe.
The company offers ultra-competitive fees with spot trading taker fees starting at just 0.10%, with even lower rates for maker orders that can be reduced further by holding the platform’s native token ($OKB). Additionally, European users benefit from free euro deposits and withdrawals via SEPA bank transfers, making it one of the cost-effective exchanges available to EU residents.
Ghoos authored the February 2025 announcement heralding OKX’s MiCA authorization and passporting to offer regulated crypto services across the EEA. Previously active within OKX’s international leadership, he played a critical role in shaping the company’s European expansion strategy by emphasizing legal compliance, localized service offerings, and regulated operations.
OKX is a global crypto-technology company and one of the world’s largest cryptocurrency exchanges. Founded in 2013 and rebranded to OKX in 2017, it offers a full suite of products including its Exchange platform, Wallet, Marketplace, Explorer, Chain, and Institutional Services. Its European operations are managed through a licensed hub based in Malta which secured MiCA pre-authorization on January 27th, 2025. This enables it to passport services across the 28 EU/EEA countries—offering localized interfaces, Euro payment methods, multi-language support, and strong regulatory compliance.
