The main cryptographic platform OKX Exchange develops in the United States only a few weeks after accepting a regulation of $ 504 million with the American authorities. The costs of nine figures will be paid to pay the charges carried by the American authorities.
In a statement on Tuesday, April 15, the scholarship said it would launch its trading platform and its Auto-Custode web3 portfolio in the United States. The press release also announced the appointment of Roshan Robert as US director general.
Congratulations to @Roshan_okx For having brought Okx Live in us with the team. After months of hard work, we are all delighted with the way we can serve our community and participate in continuous innovation in America!
– Hong (@Hfangca) April 16, 2025
Okx Exchange goes to vapor with American expansion after putting legal problems behind them
In February of this year, OKX pleaded guilty for treatment of more than 1 billion of dollars in transactions by American customers without license and agreed to pay more than $ 504 million in penalties. With this debacle firmly behind the exchange, they go all in the United States.
OKX brings its exchange portfolio and web3 to the United States and has opened a new headquarters in the United States in San Jose, California, which places it in the heart of Silicon Valley, the world’s technological center.
The new director general of the United States, Roshan Robert, said that about his appointment with OKX: “At this exciting stage, I am honored to join OKX as an American CEO. I can’t wait to lead our expansion to the United States and widen access to digital assets in a safe, transparent and compliant way. ”
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OKX declared in the press release that Robert has training in the capital markets and regulatory compliance, and his role will focus on the deepening of commitment with American regulators.
Hong Fang, World President of OKX, has also spoken of expansion, saying: “The United States is a key element in OKX’s global growth strategy.” She congratulated Robert for her appointment, saying: “Congratulations to @Roshan_okx for having brought Okx Live to the United States with the team. After months of hard work, we are all delighted with the way we can serve our community and participate in continuous innovation in America! »»
US growth for OKX is following its recent acquisition of a mica license for Europe
(Coingecko)
The American launch follows global growth in Europe, Asia and the Middle East. OKX was founded in 2017 and is based in the Seychelles. OKX. According to Coingecko, OKX is the third largest centralized exchange in volume, behind Bitget (2nd) and Binance (1st).
OKX has become one of the first exchanges of global cryptography approved in mica to extend its services through Europe as part of a unified regulatory framework. In an announcement in January 2025, the firm said it would now be able to offer regulated and localized cryptography services in 28 countries of the European Economic Area (EEE).
Its approved European offers will be made via the OKX headquarters in Malta. Its cryptographic products will be available for public members via local payment methods and currency options.
Its exchange platform offers exchanges in more than 300 cryptocurrencies, notably Bitcoin and Ethereum, via term contracts on spot and perpetual.
In July 2024, the OKX Exchange said that there were 53 million active and individual web3 portfolios on its separate portfolio service, adding that the guardian portfolio supports more than 100 different blockchains.
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OKX Crypto Exchange accepts a regulation of $ 504 million with the American authorities and announces a complete expansion of the United States
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OKX opened a HQ in Silicone Valley as part of its American expansion efforts
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The exchange was sentenced to a fine of $ 504 million for the treatment of more than $ 1 billion in transactions for American investors without license
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OKX is the third largest crypto exchange in trading volume, behind Bitget and Binance
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The exchange appointed Roshan Robert as an American managing director
The OKX Exchange post is a half-tossing of a billion dollars with the authorities while announcing a complete expansion of the United States appeared first on 99Bitcoins.
