OKX, one of the largest exchanges of encrypted currency by trading, is preparing for the public in the United States.
This is an important milestone in its efforts to rebuild its reputation and gain a foothold in one of the most worldly world Organized financial markets.
the Move It comes months after OKX reached a $ 505 million settlement with the US Department of Justice (Doj) and the US Treasury.
OKX agreed to pay $ 84 million in sanctions and return $ 421 million of profits to users in the United States. The case was widely considered a major organizational repression, and for many, there was a turning point in how encryption companies abroad approached compliance with the laws of the United States.
OKX expands our presence
Instead of retracting the United States market, OKX doubles. The company has released a unified coding trading platform specifically designed for American customers.
It also launched the non -trustee OKX portfolio, which enables users to participate in the field of decentralized financing (Defi), NFTS and Web3. The wallet supports many Blockchains and allows users to have their keys, whether you are coming new in Crypto or advanced trader.
OKX also showed her dedication by launching an American regional office in San Jose, California. Roshan Robert has brought OKX USA executive to lead the next step in its American strategy. Robert was a senior executive official in Morgan Stanley and Barclays, and he tried Deep Wall Street to a company that has long focused on maritime production.
In a conversation interviewRobert said the team is looking to build a “super application” in the United States. He said: “Our vision is long -term, of course, is to become a great application to determine the category. We are planning to work slowly to achieve this goal.”
The ambition of the public subscription from OKX is not just a commercial landmark – it is a statement. Organizational certainty has been a case that continued to face encryption in the United States since its establishment, and many international exchanges have refused to work in the country. OKX volunteered for investigation by SEC and other “good reputable” agencies through the listing in the United States of America.
Analysts say the public subscription is likely to be released by the United States OKX, which has moved to California. This can happen soon if the company can clarify organizational obstacles and market conditions remain favorable.
Exchanging battles to restore the investor’s confidence
The previous OKX meetings with the organizers were a little scandal. But it seems that it is now learning from his previous mistakes.
The Stock Exchange has now stated that it focuses on customer knowledge procedures (KYC) and active money laundering procedures (AML), due to storing data and money from American customers separately from its work all over the world.
Change reflects a wider transformation in the encryption industry, as companies that have been working in the legal gray areas are now accelerating to reach traditional financial infrastructure.
If it succeeds, OKX will add its name to a short but increasing list of encryption companies to the public in the United States, along with Coinbase and Robinhood. The platform is proud of a global user base of more than 50 million people, a powerful trading engine, and a growing set of Defi products that may only put OKX for the next wave of the prevailing encryption dependence.
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