#OKX

Highlights: DOJ moves to seize $225M in USDT linked to major global crypto fraud. Over 400 victims lost millions in fake crypto schemes, DOJ plans full compensation. FBI reports $9.3B lost to crypto scams last year, mostly from fake investment […]

Highlights: OKX has launched licensed exchanges in Germany and Poland to expand its presence in Europe. The launch follows approval of a license by the recently introduced MiCA laws. OKX is facing legal issues in the US and Thailand but […]

Highlights: OKX has launched xBTC to let Bitcoin users access DeFi without selling their BTC. Wrapped Bitcoin allows users to take advantage of features not included in the native BTC token. The OKX Wallet team will also launch an income […]

Highlights: OKX Pay Wallet will offer stablecoin payments and a physical card for everyday use without private keys. The Pay Wallet will separate payment functions of the platform with DeFi. OKX separates payments and DeFi with the new Pay Wallet, […]

Highlights: OKX has launched a new centralized exchange and wallet for US crypto traders. The Seychelles-based crypto exchange also established its regional headquarters in San Jose, California. OKX said it will introduce additional futures for its US customers to enhance […]

Highlights: OKX was fined $1.2M by Malta for past anti-money laundering breaches. FIAU flagged OKX’s onboarding, monitoring, and risk assessment failures. OKX recently improved compliance and hired a new legal officer amid regulatory scrutiny. Malta’s Financial Intelligence Analysis Unit (FIAU) […]

Highlights: Thai SEC has filed a lawsuit against OKX, accusing the exchange of offering unlicensed services. The lawsuit also targeted nine individuals for aiding the OKX’s expansion in Thailand. OKX could face the penalties outlined in Thailand’s criminal code. Thailand’s […]

Highlights: OKX halts its Web3 DEX aggregator following financial crime allegations. The exchange said the move will prevent further compromise via new upgrades. The trading platform announced it rolled out two new features for detecting hacks on its platform. Seychelles-based […]

Highlights: OKX has secured a MiFID II license, enhancing its expansion across European nations. The exchange’s latest achievement comes a few weeks after it became the first global exchange to obtain a MiCA license. The trading platform said it is […]

Highlights: OKX is under investigation after hackers laundered stolen crypto through its platform. Authorities have the power to revoke the license of a platform if it does not put enough measures in place to prevent illegal activities. The platform has […]

Highlights: OKX operator has pleaded guilty to running an unlicensed business and will pay $505 million in fines. Authorities found that OKX processed $5 billion in transactions that were suspicious and failed to follow anti-money laundering laws. OKX plans to […]

Highlights: OKX can now offer crypto services to over 400 million customers in 28 European countries. Users in Europe can trade 240 cryptocurrencies and access free Euro deposits and withdrawals. OKX will offer local language support and a secure platform […]