The launch of OKX in France, where Bybit enters the European Union under the bases of Mika
Crypto Exchangs bybit and OKX fully organized platforms in Europe have launched this week with the continued regulatory clarity in attracting major exchanges to the bloc.
According to Wednesday advertisementCrypto Exchange bybit.eu was launched to serve the European Economic Zone users (EEA) with a CASP asset service license under Markets in organizing encryption buttons (MikaDomain. Under the bases, the operations based on Austria bybit, Founded in late MayLicensed in 29 countries EA.
Competitive encryption exchange also Declare On Wednesday, it launched the fully organized central encryption exchange in France through the Mika passport. OKX EUROPE CEO, Erald Ghoos, said France is a main market for the company, and its presence there is a “main landmark in our European expansion.”
Bybit.eu offers a multi -language platform with support for English, Polish, Portuguese and Spanish, with plans to add German, French, Italian and Roman. The Stock Exchange said that it will collect liquidity from multiple service providers and provide advanced trading tools designed for European retail users and institutions.
The OKX platform includes euro trading pairs, reckless products and commercial robots, as well as supporting local customers.
Related to: Coinbase provides MICA license, Luxembourg’s names as the headquarters of the European Union
Mika changes encryption in Europe
The launch comes a few months after Mika starts completely on December 30, 2024. The new rules unify the organization of encryption across the European Union and provide a passport mechanism, allowing licensed companies to work in any country EEA without the need for additional approvals.
This is also a major reason mentioned in favor of creating a encryption service provider in the European Economic Zone Instead of competing judicial authorities Like the United Kingdom.
Europe is an encrypted battle square
The European Economic Zone is witnessing an increasing activity after the unification of its organizational environment. On Tuesday, Stablecoin World dollar (USDG) It was launched in the European UnionWith the source of Bucus, demanding compliance with Mika.
Saturday, the exchange of encryption Bitvavo got a MICA license By the Dutch financial markets authority, allowing it a passport throughout the European Economic Zone. Krakon, one of the oldest coding operations in the world, announced on June 25 that it is also Expanding EEA operations after securing the Mika license.
Konstantins Vasilenko, co -founder and executive director of Paybis, Europe, said recently that Europe is progressing in the World Crypto race under the MICA framework. he He said that the European Union exceeds Even American America, Donald Trump, is a friend of encryption.
“The Mika license window was opened on January 1, 2025; in this particular quarter, the European Union sizes jumped by 70 % while the number of trading barely moved, telling me that the new funds were larger and more intentional.”
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