OKX Card requires full KYC despite self-custody features
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While the OKX Card is connected to OKX Pay, a self-custodial wallet within the OKX app, access to the card is limited to fully verified users. All applicants must complete mandatory KYC and AML checks in line with MiCA and EU anti-money laundering regulations.
According to OKX, the card aims to simplify crypto payments without sacrificing user control. “The ability to freely make payments is core to crypto’s founding vision, but it can be technically challenging,” said OKX Europe CEO Erald Ghoos.
The launch follows growing adoption of crypto-linked cards, as Visa-issued crypto cards reportedly saw a 525% increase in spending in 2025.