tl;dr
Crypto exchange OKX has relaunched its US operations with a new centralized trading platform, a Web3 wallet supporting over 130 blockchains, and a new leadership team led by CEO Roshan Robert. The relaunch follows a $504 million legal settlement with the US Department of Justice and includes robust ...
OKX has officially relaunched its operations in the United States, unveiling a new centralized trading platform, a Web3 wallet supporting over 130 blockchains, and a revamped leadership team led by CEO Roshan Robert.
The relaunch follows a $504 million legal settlement with the US Department of Justice, prompting OKX to implement rigorous compliance measures including full know-your-customer (KYC) procedures, enhanced fraud detection, anti-money laundering (AML) tools, and market surveillance technologies.
Based in its new US headquarters in San Jose, California, OKX plans a phased rollout starting with migrating existing users to the updated platform and gradually onboarding new users across most US states later this year.
American customers can trade major cryptocurrencies such as Bitcoin, Ethereum, USDT, and USDC, benefiting from seamless integration with local bank accounts for smoother transactions.
The introduced Web3 wallet offers US customers self-custody of assets, token swapping, asset bridging across networks, and access to NFTs and decentralized applications, marking a major step in blending traditional finance with crypto innovation.
CEO Roshan Robert, formerly of Barclays, emphasized the company’s commitment to building a secure and compliant trading environment through a comprehensive, risk-based global compliance program that includes due diligence, customer risk rating systems, geo-blocking, and ongoing market monitoring.