OKX Officially Launches US Operations With New Exchange and Wallet

OKX has officially announced its launch in the United States, introducing a centralized cryptocurrency exchange and the OKX Wallet, with its regional headquarters established in San Jose, California. Roshan Robert has been appointed as the US CEO, emphasizing the company’s commitment to enhancing access to digital assets in a secure and compliant manner. The phased … Read more

OKX Fined $1.2 Million by Malta’s FIAU for Anti-Money Laundering Failures

Okcoin Europe Ltd, the European subsidiary of OKX Exchange, has been fined $1.2 million (€1.05 million) by Malta’s FIAU for anti-money laundering and compliance failures in 2023. The company has since taken corrective measures to address the deficiencies flagged in the review. Okcoin Europe Fined $1.2 Million by FIAU for Compliance Failures Malta’s Financial Intelligence … Read more

OKX Halts DEX Aggregator Amid Bybit Hack Fallout

The crypto exchange and blockchain infrastructure provider OKX has “temporarily halted” operations for its decentralized exchange (DEX) aggregation app, “OKX Web3.” This decision comes after the firm previously clarified it implemented safeguards to prevent Bybit hackers from exploiting its platform. OKX Clarifies Web3 Protocol Suspension Last week, OKX refuted allegations of scrutiny by European regulators … Read more

OKX Secures MiFID II License in Europe, Expanding Offerings for Institutional Clients

OKX has announced the acquisition of a Markets in Financial Instruments Directive (MiFID II) license, marking a significant milestone in its growth strategy in Europe. This license, pending regulatory approval, will enable the exchange to launch derivative products and services tailored for institutional clients across the region. The announcement was made during an event in … Read more