OKX Receives Stablecoin Related PI License for European Advancement

TheNewsCrypto2026-02-16 tarihinde yayınlandı2026-02-16 tarihinde güncellendi

Özet

OKX, a cryptocurrency exchange, has obtained a Payment Institution (PI) License in Malta, significantly expanding its access to the European market. This license ensures compliance with the EU's MiCA and PSD2 regulations, specifically authorizing stablecoin-related payment services. The approval supports OKX's existing products, including the OKX Card launched with Mastercard, which allows users to pay with stablecoins at any merchant accepting Mastercard across the European Economic Area. According to OKX Europe CEO Erald Ghoos, this regulatory milestone enables compliant operations and supports the growing adoption of stablecoins in the EU. The development occurs amid global regulatory discussions, including U.S. efforts to pass federal digital asset rules.

OKX, a crypto exchange platform, has gained a broader and more advanced access to the European market through a PI license. It essentially pertains to stablecoin payments with extensive support for OKX Pay and OKX Card. The CEO of OKX Europe has hailed the progress by citing the importance of compliance.

PI License for OKX

OKX has received the PI License, acronym for the Payment Institution License, and its operations are now in line with Market in Crypto-Assets regulations along with the Second Payment Services Directive.

Alternatively known as MiCA and PSD2, respectively, both are crucial for establishing legitimate operations across the European Union for payments related to stablecoins (or electronic money tokens, as per legal classification).

The PI License, obtained in Malta, has taken OKX a step forward in complying to requirements that are scheduled to go into effect in March 2026.

Support for OKX Products

OKX, in January 2026, launched a Crypto Payment Card in association with Mastercard. Operations span across the European Economic Area and are compatible with merchants that accept Mastercard. Simply put, users of OKX Card can pay Mastercard-accepting merchants with stablecoins. The PI License brings support specifically to such products by the crypto platform.

The CEO of OKX Europe, Erald Ghoos, has said that securing the Payment Institution License now enables its products to operate on a compliant footing. Notably, the stablecoin adoption is growing in the European Union (EU) to challenge the dominance of the US stablecoin market in the region.

Most importantly, the products of OKX and regulatory clarity on stablecoins is facilitating the entrance of stablecoins in mainstream finance across the EU.

Another Advancement

An update from OKX in the European region has come days after U.S. Treasury Secretary Scott Bessent expressed the importance of passing federal rules for digital assets. He has urged Congress to give its approval by this Spring. Bessent believes that giving a green light to the Clarity Act or similar federal rules would provide comfort to the market and the community.

Meanwhile, the global stablecoin sector is seeing the rise of World Liberty Financial’s USD1 to the top. It is currently placed 5th in terms of market cap; however, it is closing in on DAI for the 4th position. Overall, USD1 ranks 20th with a market cap of over $5.25 billion.

USDT and USDC are still in first and second places, respectively, on the list of stablecoins.

Highlighted Crypto News Today:

Russia Flags $129B in Annual Crypto Activity

TagsEuropeOKXStablecoin

İlgili Sorular

QWhat type of license did OKX receive for its European operations, and what does it stand for?

AOKX received the PI License, which stands for Payment Institution License.

QWhich two key regulatory frameworks is OKX's PI License operation now in line with?

AThe PI License operation is in line with the Market in Crypto-Assets (MiCA) regulations and the Second Payment Services Directive (PSD2).

QWhat specific OKX products are supported by the new PI License, as mentioned in the article?

AThe PI License brings support for OKX Pay and the OKX Card, which allows users to pay Mastercard-accepting merchants with stablecoins.

QAccording to the CEO of OKX Europe, what does securing the Payment Institution License enable for their products?

ASecuring the Payment Institution License enables OKX's products to operate on a compliant footing in the European market.

QWhich stablecoins are currently in first and second place by market cap, as mentioned in the article?

AUSDT (Tether) is in first place and USDC (USD Coin) is in second place by market cap among stablecoins.

İlgili Okumalar

The Niche Consensus Among Elites: Has College Become an Expensive Waste?

**Summary:** A growing "anti-college" movement is gaining traction among elite circles in Silicon Valley, challenging the traditional value of a four-year university degree. Proponents argue that college has become an expensive, slow, and increasingly irrelevant waste of time, especially in the fast-paced tech world where opportunities pass by quickly. The movement is led by figures like billionaire Peter Thiel, who criticizes universities for high costs, ideological indoctrination, and stifling true innovation. His "Thiel Fellowship" pays young people to drop out and pursue ventures. Companies like Palantir Technologies (co-founded by Thiel) fuel this trend with programs like the "Meritocracy Fellowship," which offers high school graduates paid internships as an alternative to immediate college enrollment, promising a practical "Palantir Degree." Key drivers include: 1. **Economics:** Skyrocketing student debt versus the allure of immediate, high-paying tech jobs or startup funding. 2. **Technology:** AI and online tools lowering barriers to self-education and product development, making formal instruction seem inefficient. 3. **Culture:** A backlash against perceived "woke" ideology and DEI policies in universities, coupled with a belief that these institutions suppress meritocracy and masculine drive. The movement is notably male-dominated. Critics, like economist David Deming, warn against overgeneralizing from dropout success stories (survivorship bias). He emphasizes that genuine autodidacts are rare, corporate training is narrowly focused, and the "college wage premium" remains high for most people. University liberal arts education, he argues, builds adaptable problem-solving skills and broad perspectives. The debate highlights a deeper crisis in education. The core model of the modern university appears increasingly mismatched with the speed of the information age. The movement signals a shift in the locus of learning from institutional "education" to personal, active "learning" powered by the internet and AI. Ultimately, this may not mean the end of university, but rather a painful evolution. The future likely holds more hybrid, personalized, and lifelong learning pathways. The central question becomes: in a world changing faster than any curriculum, how do we best learn?

marsbit20 dk önce

The Niche Consensus Among Elites: Has College Become an Expensive Waste?

marsbit20 dk önce

From Subsidies to Token-Based Pricing to Price Cuts: Is OpenAI Sparking a Price War? Is the Inflection Point for Token Economics Nearing?

The commercialization of generative AI is facing a critical inflection point as a potential price war looms. According to The Wall Street Journal, OpenAI is considering a significant cut to its token fees to compete with rival Anthropic, signaling a shift from a growth-at-all-costs model focused on token consumption. This move comes as both companies, reportedly losing billions on compute, prepare for IPOs, and as enterprise customers face "bill shock" from switching to usage-based token billing. Reports indicate poor ROI, with one analysis finding only 18 cents of every dollar spent on AI tokens generates user-facing value. The industry's initial phases—from flat-rate subscriptions to aggressive subsidies—have given way to a reckoning with real costs. Analysts debate the future: some predict a bifurcation between premium, high-cost models for complex tasks and cheaper alternatives for routine work, while others believe overall spending will still rise as agentic AI increases tokens per task. Notably, Chinese model DeepSeek's low-cost API is gaining traction with U.S. enterprises, adding competitive pressure. The core challenge is redefining value beyond token volume ("tokenmaxxing") toward measurable productivity ("valuemaxxing"), as the entire AI value chain, from cloud providers to chipmakers, feels the ripple effects of unsustainable pricing.

marsbit24 dk önce

From Subsidies to Token-Based Pricing to Price Cuts: Is OpenAI Sparking a Price War? Is the Inflection Point for Token Economics Nearing?

marsbit24 dk önce

The Bitcoin 400-Day Cycle: Historical Performance Shows How Low The Bottom Goes

A crypto analyst forecasts a continued Bitcoin bear market, predicting a potential price bottom around October 2026 based on a historical 400-day cycle pattern. The analysis suggests Bitcoin is currently 252 days into a bear phase that typically lasts 364-400 days, indicating another 112-148 days of downward pressure. The projected cycle low could be around $30,000, representing a more than 75% decline from recent all-time highs near $126,000. The analyst dismisses arguments that current market factors like ETFs make this cycle different, noting the pattern has held for over a decade. Another expert aligns, forecasting a bottom between $30,000-$40,000 by late Q3 or early Q4 2026 and rejecting the possibility of Bitcoin reaching $100,000 this year.

bitcoinist43 dk önce

The Bitcoin 400-Day Cycle: Historical Performance Shows How Low The Bottom Goes

bitcoinist43 dk önce

Hedgeye’s New Bitcoin ETF Filing Targets One Of BTC’s Biggest Problems

Hedgeye has filed for a "Hedged Bitcoin" ETF, ticker HBIT, designed to offer Bitcoin exposure with reduced volatility. The fund would hold spot Bitcoin ETFs while using an options strategy, guided by Hedgeye's proprietary "Risk Range" signals, to manage downside risk. This approach aims to provide a smoother investment experience, particularly during market downturns, but the filing notes it may also limit upside potential during strong rallies. The strategy involves buying and writing both standardized and customizable FLEX options. The registration with the SEC is pending, and the proposal represents a growing trend of crypto products focused on altering Bitcoin's risk/return profile rather than simply tracking its price.

bitcoinist2 saat önce

Hedgeye’s New Bitcoin ETF Filing Targets One Of BTC’s Biggest Problems

bitcoinist2 saat önce

Is Dogecoin Dead Or Could The SpaceX IPO Lead To A Revival?

Dogecoin is facing doubts about its future as its price hovers near multi-year lows and investor enthusiasm wanes. Lacking its previous narrative momentum and with modest institutional ETF inflows, it has struggled alongside the broader meme-coin downturn. However, the upcoming SpaceX IPO, seeking a massive $1.75 trillion valuation, is generating discussion as a potential catalyst. While the IPO has no direct link to Dogecoin, the event will refocus global attention on Elon Musk, whose past endorsements have significantly boosted the cryptocurrency. Some investors see this renewed spotlight as a chance for revived interest, though it remains uncertain if attention alone can drive a sustained recovery amid ongoing market challenges.

bitcoinist3 saat önce

Is Dogecoin Dead Or Could The SpaceX IPO Lead To A Revival?

bitcoinist3 saat önce

İşlemler

Spot
Futures

Popüler Makaleler

T Nasıl Satın Alınır

HTX.com’a hoş geldiniz! Threshold Network Token (T) satın alma işlemlerini basit ve kullanışlı bir hâle getirdik. Adım adım açıkladığımız rehberimizi takip ederek kripto yolculuğunuza başlayın. 1. Adım: HTX Hesabınızı OluşturunHTX'te ücretsiz bir hesap açmak için e-posta adresinizi veya telefon numaranızı kullanın. Sorunsuzca kaydolun ve tüm özelliklerin kilidini açın. Hesabımı Aç2. Adım: Kripto Satın Al Bölümüne Gidin ve Ödeme Yönteminizi SeçinKredi/Banka Kartı: Visa veya Mastercard'ınızı kullanarak anında Threshold Network Token (T) satın alın.Bakiye: Sorunsuz bir şekilde işlem yapmak için HTX hesap bakiyenizdeki fonları kullanın.Üçüncü Taraflar: Kullanımı kolaylaştırmak için Google Pay ve Apple Pay gibi popüler ödeme yöntemlerini ekledik.P2P: HTX'teki diğer kullanıcılarla doğrudan işlem yapın.Borsa Dışı (OTC): Yatırımcılar için kişiye özel hizmetler ve rekabetçi döviz kurları sunuyoruz.3. Adım: Threshold Network Token (T) Varlıklarınızı SaklayınThreshold Network Token (T) satın aldıktan sonra HTX hesabınızda saklayın. Alternatif olarak, blok zinciri transferi yoluyla başka bir yere gönderebilir veya diğer kripto para birimlerini takas etmek için kullanabilirsiniz.4. Adım: Threshold Network Token (T) Varlıklarınızla İşlem YapınHTX'in spot piyasasında Threshold Network Token (T) ile kolayca işlemler yapın.Hesabınıza erişin, işlem çiftinizi seçin, işlemlerinizi gerçekleştirin ve gerçek zamanlı olarak izleyin. Hem yeni başlayanlar hem de deneyimli yatırımcılar için kullanıcı dostu bir deneyim sunuyoruz.

467 Toplam GörüntülenmeYayınlanma 2024.12.10Güncellenme 2026.06.02

T Nasıl Satın Alınır

Tartışmalar

HTX Topluluğuna hoş geldiniz. Burada, en son platform gelişmeleri hakkında bilgi sahibi olabilir ve profesyonel piyasa görüşlerine erişebilirsiniz. Kullanıcıların T (T) fiyatı hakkındaki görüşleri aşağıda sunulmaktadır.

活动图片