OKX Secures European Payment License, Expands Stablecoin and Crypto Card Services

OKX Secures European Payment License to Expand Crypto Services

OKX has announced it has obtained a Payment Institution (PI) license in Malta, enabling compliant stablecoin-related payment services across the EU under the upcoming MiCA regulations and PSD2 standards.

• Products such as OKX Pay and OKX Card will now operate fully within regulatory frameworks.
• Last month, OKX partnered with Mastercard to launch crypto payment cards in Europe, further integrating digital assets into everyday transactions.
• Additionally, OKX Ventures recently invested in STBL, a stablecoin issuance platform, reinforcing OKX’s position in the compliant stablecoin sector.

Erald Ghoos, CEO of OKX Europe, stated that the license represents a significant milestone in OKX's mission to bring crypto technology into mainstream financial use.