WOO X has officially launched WOO X EU, a trading platform specifically designed to comply with the European Markets in Crypto-Assets (MiCA) regulation. The new service is built to meet Crypto-Asset Service Provider (CASP) standards, offering a regulated environment for both retail and institutional traders across the European Economic Area.
The platform is developed in strategic collaboration with Payward Services, the B2B infrastructure arm of Kraken. This partnership leverages established custody rails and security infrastructure to ensure compliance with strict European operational risk requirements and to provide segregated asset safeguarding for users.
The rollout of WOO X EU is currently in its initial phase, with account registration and identity verification now open for eligible users. Traders can already perform fiat and cryptocurrency deposits and withdrawals to prepare their accounts for the upcoming launch of spot trading services.
Once the platform fully transitions to the next phase, it will offer European users access to institutional-grade liquidity and high-speed execution. The service availability remains subject to specific jurisdictional requirements and product availability within the EEA.
