Tag: OKX

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 ...

Crypto exchange OKX has unveiled a new European campaign in partnership with the McLaren F1 Team, aiming to boost brand visibility and accelerate crypto adoption ahead of the 2025 Dutch Grand Prix in Zandvoort. Running through August 31, the campaign centers around high-impact fan engagement, including immersive VIP experiences and ...

Circle and OKX have joined forces to enhance global access to USDC, announcing a new partnership aimed at deepening liquidity and improving fiat on-and-off ramps for users worldwide. Under the agreement revealed on July 9, OKX’s 60 million+ customers will be able to convert USD to USDC and back at ...

This continued commitment to transparency underscores OKX's position as one of the most reliable centralized platforms in the industry. We're proud to release our 32nd consecutive #ProofOfReserves report! ???? ✅ Primary assets: $28.4 Billion ✅ 100% + reserves for 22 assets ✅ Independently audited by @hackenclub Don't trust, verify: https://t.co/dTwSpy5YN3 ...

OKX has officially launched its fully regulated centralized platform in Spain, marking a significant milestone in its broader European expansion. This move enables Spanish users to access spot trading, staking, automated trading bots, and crypto earn products, as well as trade over 270 cryptocurrencies and more than 60 crypto-Euro pairs—all ...

OKX has officially launched fully regulated platforms in Germany and Poland, strengthening its presence in Europe and marking a significant milestone in its regional expansion strategy. This move reflects the company’s broader ambition to solidify its role as a trusted, compliant crypto exchange across the European Union. Through these newly ...

Blockchain technology is set to disrupt multiple global industries over the next two decades, according to a new report released by crypto exchange OKX and research firm Blockworks. Titled “The Future of Blockchain Applications: Reshaping Global Industries,”  the report outlines how sectors including finance, tech, consumer goods, and entertainment are ...