On April 16, a new regional headquarters of the exchange in San Jose, California, opened. The new OKX General Director in the United States Roshan Robert said that restarting the exchange became possible thanks to the softening of the country’s authorities and the successful settlement of the US Department of Justice. OKX paid a fine of $ 500 million for past violations.
The head of the American office OKX promised that in the near future the crypto platform would resume the provision of its services in the United States related to cryptocurrency trade, as well as integration with bank accounts.
Roshan Robert said that the company began transferring customers of the OKCOIN blocked exchange to the new OKX platform and plans to complete all procedures by the end of 2025.
Earlier, the Thailand Securities and Exchange Commission (SEC) accused OKX of the absence of a license and registration. The regulator claims that since 2021 the platform has been working in the country illegally.
Source: Bits
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