Tag: OKX

OKX CEO Star Xu has warned that the exchange could terminate accounts linked to high-risk or illegal activity, after a user said a transfer from a sports betting platform triggered a risk-control review. Xu said deposits connected to high-risk addresses can result in enhanced anti-money laundering checks, with some investigations ...

OKX’s Android app has returned to South Korea’s Google Play Store just four days after it was removed, allowing users to download the app again and receive updates. The move makes OKX the first major overseas crypto exchange to regain access after a wave of restrictions affected dozens of foreign ...

Crypto exchange OKX has launched more than 40 tokenized US stocks and ETFs, allowing eligible customers across Southeast Asia, Northeast Asia, the CIS region, MENA, and Türkiye to trade assets such as Apple, NVIDIA, Tesla, the S&P 500, and Nasdaq-100 from the same account they use for crypto. The tokenized ...

Twenty-seven companies, including OKX, MetaMask, and Matter Labs, have launched the Internet Court, a dispute resolution protocol designed for transactions carried out by AI agents. Developed by the GenLayer Foundation, the system is intended to handle disagreements that arise when AI agents negotiate, make payments, or complete transactions without direct ...

Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), is expanding deeper into crypto-linked markets through a new partnership with crypto exchange OKX to launch perpetual futures tied to oil prices. Less than three months into our partnership with Intercontinental Exchange, we’re launching ICE Brent and ICE ...

South Korean crypto exchange Coinone is reportedly set to receive strategic investments from global crypto platform OKX and Korea Investment & Securities, marking another big move in the country’s rapidly evolving digital asset market. According to a Friday report by Yonhap News Agency, OKX and Korea Investment & Securities are ...

Quick Breakdown OKX extends collateral mirroring service with Standard Chartered to the EEA. The programme lets institutions trade crypto while assets stay in bank custody. Expansion aligns with MiCA rules, boosting regulated crypto infrastructure.   Crypto exchange OKX is extending its collateral mirroring programme with Standard Chartered Bank into the ...

Quick Breakdown  OKX freezes deposits and withdrawals linked to Huione Group following U.S. money laundering designation. Exchange vows to maintain compliance and protect users amid growing scrutiny of crypto platforms. Huione accused of facilitating billions in illicit crypto tied to scams, trafficking, and cybercrime.   OKX has swiftly moved to ...

Quick Breakdown  OKX launches Singapore’s first stablecoin-powered scan-to-pay service, enabling payments with USDT or USDC at GrabPay merchant-partners. Users can pay by scanning a GrabPay SGQR code within the OKX SG app, with merchants receiving SGD instantly while funds are deducted from stablecoin balances. The service expands stablecoin utility beyond ...

Quick Breakdown OKX developed a decentralized perpetuals exchange in 2023 but did not launch it due to regulatory risks. Hyperliquid and Aster have since risen as leaders in onchain perpetuals trading. U.S. enforcement actions against Deridex, Opyn, and ZeroEx in 2023 shaped OKX’s cautious stance. OKX explored onchain perpetuals in ...