WOO X, a global digital asset exchange, has officially launched WOO X EU, a dedicated trading platform designed to operate in compliance with Europe's Markets in Crypto-Assets (MiCA) regulation. The platform is developed in collaboration with Payward Services, the B2B infrastructure division of Payward.
WOO X EU is built to meet Crypto-Asset Service Provider (CASP) standards and is now open for account registration by eligible users in supported European Economic Area (EEA) jurisdictions. The platform implements customer-asset segregation and safeguarding arrangements in accordance with applicable requirements.
Phased Launch Strategy
The platform is rolling out in phases to ensure a smooth onboarding process. Effective immediately, European traders can register accounts, complete identity verification, and initiate crypto and fiat deposits and withdrawals.
Spot trading on major trading pairs is scheduled to launch in a second phase, offering users access to institutional liquidity and execution capabilities. Service availability varies by jurisdiction and applicable regulatory requirements.
Platform Features
WOO X EU is supported by enterprise security infrastructure designed to meet European operational risk standards. The platform emphasizes custody solutions and asset protection mechanisms aligned with MiCA requirements.
WOO X is backed by YZi Labs and operates globally as a centralized digital asset exchange. Payward Services provides B2B infrastructure built on 15 years of operating Kraken, offering integrated liquidity, custody, compliance, and settlement services.
