OKX

OKX

Policy

Crypto Exchange OKX Fined $2.6M in Netherlands for Failing to Register With Dutch National Bank

The company offered crypto services in the Netherlands from July 2023 to August 2024 without the legally required registration.

OKX trading app on a mobile phone (CoinDesk)

Tech

The Protocol: OKX Slashes Native Token Supply in Half

Also: ETH Transaction Volume Climbs, Trading Bots Steal $1M From Users, and Babylon Trustless Bitcoin Vaults.

Boat Harbor

Finance

OKX Slashes OKB Token Supply by 50% With $7.6B Burn, Price Surges

OKX’s record-breaking $7.6 billion OKB burn halved the circulating supply and sparked triple-digit price spike, and shifts focus to driving adoption of its X Layer blockchain.

A hand holds dollar flaming bills (JP Valery/Unsplash)

Markets

Crypto Fund JellyC Teams Up With Standard Chartered, OKX for Secure Crypto Trading

JellyC is working with OKX and Standard Chartered to use cryptocurrencies and tokenized money market funds as off-exchange collateral.

The Standard Chartered logo on the outside of an office building.

News Analysis

'Like Ordering McDonald's:' Malta's MiCA Fast-Track Draws Oversight Concerns

Some people think Malta is nimble and innovative when it comes to regulation. But others see a fast track to regulatory arbitrage.

Malta (Ludovica Dri/Unsplash)

Finance

OKX Token Spikes 9.8% on Report Exchange Will Consider U.S. IPO 'in the Future'

“We will absolutely consider an IPO in the future, if we go public, it would likely be in the U.S.,"said Haider Rafique, chief marketing at OKX.

OKX Chief Marketing Officer Haider Rafique (OKX)

Policy

Thailand to Block OKX, Bybit and Others, Citing Lack of License

OKX, Bybit, 1000x, and XT are among the exchanges that will be blocked in Thailand by the end of June.

Thailand Flag (CoinDesk Archives)

Finance

OKX Global General Counsel Is Latest Legal Exec to Leave the Exchange

The new chief legal officer, Linda Lacewell, is said to be restructuring the firm's legal and compliance divisions, according to a source familiar with the situation.

OKX trading app on a mobile phone (CoinDesk)

Finance

Mastercard Unveils End-to-End Stablecoin Capabilities, Will Launch Card With OKX

Mastercard's new global system aims to make stablecoin transactions as seamless as traditional payments.

Mastercard debit card next to phone with price chart (CardMapr.nl/Unsplash)

Policy

OKX to Expand to the U.S., Establish Regional Headquarters in California

In February, the Seychelles-based exchange paid the DOJ $500 million to settle charges it had operated in the U.S. without a money transmitter license.

OKX founder Star Xu (OKX)