Since July 1, 2024, the MiCA regulation requires all cryptocurrency platforms serving European residents to hold a CASP license. In response to this regulatory shift, OKX, which holds both MiCA and MiFID II licenses through its Maltese subsidiary, recorded an inflow of +292 million dollars on July 1, followed by a 158% increase in app downloads and an 830% surge in fund inflows from Binance users by mid-July. The platform is offering an exceptional welcome package until July 31: an 8% deposit bonus on new funds (up to 250,000 euros, for a maximum gain of 20,000 USDC), a welcome bonus of up to 400 euros in bitcoin, a 30-day VIP Pass, and a PS5 Pro giveaway with a 90 euro gift card. The overall offer is distributed on a first-come, first-served basis, with a total envelope of 10 million USDC.
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