OKX has chosen Malta as its MiCA hub in the EU. OKX said that under MiCA, it plans to launch EUR and USDC spot trading pairs, as well as provide buy, sell, conversion and staking services to eligible EU residents. OKX said that MiCA will take full effect on December 30 this year, when crypto asset exchanges will be able to enter EU countries and provide services throughout the region. In addition, OKX's local entity, Okcoin Europe Ltd, has held a virtual financial asset service provider license issued by the Malta Financial Services Authority since 2021. (The Block)