OKX Files PSAN Registration to Expand in France

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OKX, one of the world’s leading cryptocurrency exchanges, has taken a significant step toward expanding its presence in Europe by officially filing for registration as a Prestataire de Services sur Actifs Numériques (PSAN) with France’s financial regulator, the Autorité des Marchés Financiers (AMF). This strategic move underscores OKX’s commitment to regulatory compliance and long-term growth in one of Europe’s most dynamic digital asset markets.

Strategic Expansion into the French Market

OKX’s decision to establish a formal footprint in France reflects its broader vision to strengthen its European operations. The exchange recently launched OKX France, a dedicated local entity aimed at serving the growing community of crypto enthusiasts, traders, and institutional investors across the country.

France has emerged as a key hub for fintech and blockchain innovation in Europe, thanks to its supportive regulatory framework and highly skilled workforce. By pursuing PSAN status, OKX aims to not only comply with local regulations but also position France as a cornerstone of its international expansion strategy.

“We are thrilled that OKX has chosen France to expand its activities in Europe,” said Jean-Noël Barrot, Minister Delegate for Digital Transition and Telecommunications.
“OKX’s choice reflects the success of French government policies designed to foster an innovative, resilient, and secure crypto sector. More than ever, we believe France has all the ingredients to become a global leader in Web3 and the digital economy.”

This endorsement highlights how France is actively attracting major players in the blockchain space through forward-thinking regulation and digital infrastructure development.

👉 Discover how global exchanges are adapting to regional regulations and what it means for users.

Commitment to Compliance and Transparency

Regulatory compliance lies at the heart of OKX’s global strategy. The PSAN application is part of a broader effort to ensure full alignment with international standards, particularly those set forth by European financial authorities.

Even prior to this filing, OKX has maintained a strong reputation for transparency. The platform regularly publishes proof-of-reserves audits, allowing users to independently verify the exchange's asset holdings. These reports enhance trust and demonstrate OKX’s proactive approach to security and accountability.

In addition to technical safeguards, OKX continues to grow its global compliance team, reinforcing internal controls and risk management frameworks. This includes ongoing engagement with regulators across multiple jurisdictions.

Beyond France, OKX has already secured a license in the Bahamas and a provisional license in Dubai. It has also submitted applications for virtual asset service provider (VASP) licenses in Hong Kong, signaling its intent to operate under regulated frameworks in key financial centers worldwide.

“Our commitment drives us to expand our operations and deepen engagement with European regulators,” said Hong Fang, President of OKX.
“Our activities in France are crucial to achieving this goal. As a leader in the Web3 ecosystem, we’re excited to showcase the groundbreaking projects we’re developing for French users.”

Such statements reflect a clear long-term vision: building sustainable, compliant gateways between traditional finance and decentralized technologies.

Why France Is a Strategic Crypto Hub

Several factors make France an attractive destination for crypto platforms like OKX:

By anchoring its European growth in France, OKX gains access to both domestic opportunities and a springboard into neighboring EU markets.

👉 Explore how emerging regulations are shaping the future of crypto trading across Europe.

FAQ: Understanding OKX’s Move into France

Q: What is a PSAN registration?
A: PSAN stands for Prestataire de Services sur Actifs Numériques, which translates to Digital Asset Service Provider. It's a regulatory status required by the AMF for any company offering crypto-related services in France, including trading, custody, and exchange services.

Q: Does PSAN approval guarantee OKX can operate immediately in France?
A: Not immediately. Filing for PSAN is the first step. The AMF will review the application, assess compliance measures, and may request additional documentation before granting approval.

Q: Will OKX offer new products to French users after registration?
A: Yes. Once registered, OKX plans to expand its product suite tailored to French regulations, potentially including fiat on-ramps, staking services, and localized customer support.

Q: Is my money safer on a regulated exchange like OKX?
A: Regulation increases accountability. While no investment is risk-free, operating under AMF oversight means stricter reporting requirements, enhanced security protocols, and greater transparency—such as regular proof-of-reserves updates.

Q: How does this affect non-French EU users?
A: OKX’s progress in France could accelerate its compliance efforts in other EU countries under MiCA (Markets in Crypto-Assets Regulation), potentially leading to wider availability of services across the bloc.

Building Trust Through Global Regulation

OKX’s push into regulated markets aligns with a broader industry trend: moving from decentralized, permissionless platforms toward compliant, user-protected ecosystems. This transition is essential for mainstream adoption.

As governments worldwide implement clearer crypto regulations, exchanges that proactively adapt—like OKX—are better positioned to earn user trust and drive innovation responsibly.

With France serving as a gateway to Europe, OKX’s PSAN application marks more than just a business expansion—it represents a strategic bet on regulated growth, transparency, and long-term sustainability in the digital asset space.

👉 Learn how compliant exchanges are redefining security and trust in crypto.

Final Thoughts

OKX’s decision to file for PSAN registration in France is a milestone moment—not just for the exchange, but for the broader European crypto landscape. It demonstrates that leading platforms are embracing regulation not as a barrier, but as a foundation for responsible innovation.

For French users, this development promises greater access to secure, transparent, and feature-rich crypto services. For the global Web3 community, it signals that regulatory alignment and technological progress can go hand in hand.

As the application process unfolds, all eyes will be on how quickly OKX can integrate into France’s financial ecosystem—and what that might mean for the next phase of Europe’s digital asset evolution.

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