OKX Wallet and DEX Launch in Europe with Self-Custody and MiCA Support

According to CEO Star, the European launch of OKX Wallet and DEX marks a new Web3 era, supported by MiCA regulations enabling secure, regulated on-chain financial services.

201d ago

Summary

OKX has launched its Wallet and DEX services in Europe, providing self-custody access across more than 140 blockchains, integration with over 500 decentralized exchanges for best pricing, and seamless decentralized app connectivity. CEO Star stated that this milestone coincides with the European Union’s MiCA regulations, which support safe, regulated financial services on-chain. The rollout positions OKX as a key player in Europe’s evolving Web3 ecosystem.

Terms & Concepts

Self-Custody: A method of managing cryptocurrency where users retain full control over their private keys, instead of relying on third-party custodians.
MiCA Regulation: The Markets in Crypto-Assets (MiCA) regulation is a legislative framework introduced by the European Union to regulate crypto assets and services, ensuring market stability and consumer protection.
DEX (Decentralized Exchange): A peer-to-peer marketplace that allows cryptocurrency traders to exchange tokens directly without relying on an intermediary.