OKX Obtains European Payment License to Expand Stablecoin and Crypto Card Business

Odaily News: Cryptocurrency exchange OKX has obtained a Payment Institution (PI) license in Malta, enabling it to comply with upcoming EU regulatory requirements set to take effect in March 2026. This license allows OKX to continue providing stablecoin-related payment services across the entire European Union, in compliance with the Markets in Crypto-Assets Regulation (MiCA) and the Second Payment Services Directive (PSD2). Previously, OKX partnered with Mastercard to launch a cryptocurrency payment card in Europe. Additionally, OKX Ventures, the investment arm of OKX, recently invested in the stablecoin issuance platform STBL. (CoinDesk)