OKX launches fully regulated crypto exchanges in Germany and Poland

OKX, a leading global cryptocurrency exchange, has officially launched its fully regulated centralized crypto exchanges in Germany and Poland, marking a significant milestone in its European expansion strategy. The move, announced on June 17 by OKX Europe chief executive officer Erald Ghoos, comes as global exchanges eye expansion across Europe following the Markets in Crypto Assets (MiCA) rules rollout. Ghoos said bringing the exchange’s crypto business into Germany and Poland underscores OKX’s commitment to delivering secure, transparent, and localized crypto trading platforms tailored to the needs of European users. “Today’s a big day for us at OKX—and for crypto users across Europe,” Ghoos stated. “For us, this is more than just a geographic expansion, it’s a commitment to building the future of crypto the right way: secure, transparent, and tailored to local needs” Over 270 cryptocurrencies The newly launched exchanges in Germany and Poland offer access to over 270 cryptocurrencies, including more than 60 crypto-Euro pairs, with deep liquidity and competitive fees. Designed for both novice and experienced traders, the platforms provide intuitive tools such as simplified buy/sell options, spot trading, staking, and automated trading bots. Users can also benefit from seamless Euro deposits and withdrawals, fully localized websites, mobile apps, and dedicated customer support. Germany and Poland are key markets On why OKX picked Germany and Poland for its expansion effort, Ghoos noted the two countries are key growth markets. Mainly, it’s down to their vibrant crypto ecosystems and increasing demand for regulated platforms . OKX has ensured full compliance with local regulations, positioning itself as a trusted partner for retail and institutional investors alike. The exchanges are built to meet the highest standards of performance, simplicity, and reliability, aligning with the evolving regulatory landscape in Europe. To lead these efforts, OKX has appointed Moritz Putzhammer as General Manager for Central Europe and the Nordics and Gabriel Manduca as General Manager for Eastern Europe. Both executives bring extensive expertise in centralized and decentralized finance, fostering partnerships and engaging with regulators to ensure a user-centric approach. OKX celebrated the launches with high-profile events in Berlin and Warsaw, including the premiere of OKX’s short film, Mild Mild West. OKX’s commitment to transparency is further evidenced by its 31 consecutive monthly Proof of Reserves reports. Also notable is its MiCA licensing in Europe, a milestone that positions the exchange among the first to meet the region’s stringent regulatory standards. OKX recently expanded its services and solutions with the official launch of its centralized crypto exchange and web3 wallet in the United States. The company also established its regional headquarters in San Jose, California. Earlier in the year, OKX reached a settlement with the US Department of Justice. The post OKX launches fully regulated crypto exchanges in Germany and Poland appeared first on Invezz

Source: Invezz