OKX exchange launches crypto payment card in Europe
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Digital asset exchange OKX is introducing a debit card to the European market, enabling seamless cryptocurrency spending wherever Mastercard is accepted. The regional premiere also covers OKX Pay, a self-custody application, compliant with regulations and designed to facilitate bridging the gap between crypto and fiat payments. OKX offers Europeans stablecoin card and payment app One of the largest crypto trading platforms by daily volume, OKX, announced on Wednesday the European launch of its OKX Card and OKX Pay solutions. The application will allow users on the Old Continent to deposit euros and convert them into stablecoins and then spend them on everyday purchases and payments with the card. The regulation-compliant app will also help them take advantage of decentralized finance (DeFi) and real-world-asset (RWA) use cases, where this is not against the rules, the exchange noted in a press release. With the card, holders will be able to spend the fiat-backed digital currencies anywhere Mastercard is accepted through real-time conversion to the common European currency at the point of sale. In the announcement published on its website, OKX explained: “It is a euro-denominated virtual debit card connected directly to OKX Pay, designed to be simple, transparent, and usable in the real world.” Both the card and the app operate under a regulated European entity and meet the EU’s standards for security and consumer protection, including AML and KYC requirements. The card is issued through a licensed European payments partner and is available throughout the European Economic Area (EEA), the company emphasized. “Europe has led the world in defining how digital finance should be regulated, and we believe it can also lead in showing how compliant DeFi works in everyday life,” it elaborated. Exchange highlights unique features in its products Holders of most crypto cards put up with various financial charges, but…
Filed under: News - @ January 28, 2026 2:28 pm