Tag: OKX

Blockchain Set to Transform Global Industries, OKX and Blockworks Report Reveals

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 ...

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Malta Regulator Issues $1.2M Fine to OKX Crypto Exchange, Addressing Past Anti-Money Laundering Compliance Failures

Malta's Financial Intelligence Analysis Unit (FIAU) has fined OKX €1.1 million ($1.2 million) for anti-money laundering (AML) compliance failures, marking one of the most significant penalties in the cryptocurrency sector. The fine stems from an April 2023 investigation that revealed deficiencies in OKX’s risk assessment processes and its ability to ...

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