OKX Removes USDT Trading Pairs In Europe Ahead Of Regulation Change

OKX Removes USDT Trading Pairs In Europe Ahead Of Regulation Change

Published Monday 18th March 2024

OKX, the fourth-largest cryptocurrency exchange globally, is making a strategic move by discontinuing Tether (USDT) trading pairs in the European Economic Area. This decision comes as a proactive measure ahead of the anticipated changes in cryptocurrency regulations within the region. By removing USDT trading pairs, OKX aims to ensure compliance with the upcoming regulatory requirements and provide a seamless trading experience for its users in Europe.

As of the regulatory change, OKX will only offer trading pairs in Euros (EUR) and USD Coin (USDC) to users in the European Economic Area. This adjustment aligns with the exchange's commitment to regulatory compliance and upholding transparency and security within the cryptocurrency market. By simplifying the trading options to EUR and USDC, OKX aims to streamline the user experience while adhering to the evolving regulatory landscape in Europe.

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