OKX Lets Users Convert USDT to MiCA-Compliant USDC Following EU Regulation

USDC-0.01%
OKX Europe launched a one-way conversion tool on July 1 allowing users to deposit USDT and convert it to USDC, providing a regulated migration path as European platforms adapt to the Markets in Crypto-Assets framework. The feature is presented as customer-directed rather than a forced conversion, addressing customers whose platforms no longer accept USDT or plan to migrate balances. OKX Europe operates under a MiCA license across 30 EU and European Economic Area countries. Tether has not obtained authorization to issue USDT under the framework, leaving platforms to decide how much support they can continue providing for the token under the new regulatory regime.
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