trending
PayPal has deepened its involvement in digital assets with a new integration into cryptocurrency exchange OKX, aiming to streamline crypto transactions across the European Economic Area (EEA).
PayPal and OKX partner to simplify crypto
The partnership allows OKX users to purchase and deposit cryptocurrencies using their PayPal accounts, including funding sources such as balances, linked bank accounts, debit cards and credit cards.
The move comes as OKX continues its expansion in Europe following its Markets in Crypto-Assets (MiCA) registration – a regulatory milestone that underscores the exchange’s intent to offer compliant and localised digital asset services across key EU markets.
“This integration with PayPal is a significant step in our mission to make crypto more accessible,” said Erald Ghoos, CEO of OKX Europe.
“PayPal is a trusted name across Europe, and this partnership helps us deliver a user-centric, secure and seamless experience.”
Importantly, the integration does not require additional setup once an OKX account is linked with PayPal.
The streamlined process is designed to reduce friction for new users entering the digital asset space – an area that has often been hindered by complex onboarding and security concerns.
The announcement follows OKX’s recent partnership with Circle, which allows its 60 million global users to convert US dollars directly into USDC stablecoins.
Together, these initiatives mark a strategic effort by OKX to normalise digital assets in everyday finance.
However, as institutional adoption of crypto accelerates, so too do concerns about fraud.
A recent Intelligence report noted a 56% rise in social engineering attacks last year, particularly within digital asset platforms.
The study highlights the need for robust user education and internal security training as crypto becomes further embedded in mainstream financial infrastructure.
While innovation in digital payments continues at pace, the PayPal–OKX integration serves as a reminder that usability and trust remain critical to crypto’s future in Europe’s regulated financial ecosystem.
Comments