OKX officially back in the US

[Kemarit]

I'm not sure if this has been reported, but in any case,

United States
Updated on: 14 April, 2025

The OKX digital asset trading platform for United States customers is provided by OKCoin USA Inc.

OKCoin USA Inc. is licensed in the U.S. jurisdictions listed below and is registered as a Money Services Business with the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. Additional information regarding its licenses and FinCEN registration can be found on the Nationwide Multistate Licensing System website (NMLS# 1767779) and FinCEN’s MSB Registrant Search website.

OKCoin USA Inc. does not provide services to residents of the following states and territories at this time: Kentucky, New York, Texas, West Virginia, Puerto Rico, American Samoa, Guam, Northern Mariana Islands, and the U.S. Virgin Islands.

Residents of certain jurisdictions may have specific rights related to concerns or complaints about OKX’s services, which can be viewed by clicking on the respective jurisdiction name.

https://www.okx.com/help/us-licenses

So it's good news for those US residents who might have to trade in this exchange. It might be that US under Trump is pro-crypto that's why they were able to grant licenses to operate again in US soil.

[Jating]

Yes, I saw the news as well, but they have to settle with the DOJ for $500 million. I know it's huge but the market in the US is big so they are willing to pay that and take the risk as they can get back that money again from the market itself.

So this is a welcoming news not just for Americans, but I think crypto enthusiast also will love to hear this kind of positive news. We might see another crypto exchange that has been banned by the previous administration to make their return as well to US.

[Charles-Tim]

Someone posted the news on Bitcointalk some days ago which is where I first saw the it. It is good that OKX will now be providing crypto service to United States citizens. But there are some features that may not be allowed, like future trading.

Is OKX IS site different from the .com? Or is it the same link with others which is .com?

[Bobcrypto]

Yes, this is good news for the US community, at least, it is an addition to the Cex Exchange in the region. OKX is a good exchange, one of the tie one exchange globally, and their presence in the US will bring more quality services to users  and will enhance effective market competition amongst the other exchanges on the region. I wish them great success as they continue to do their business in the US.

[NotATether]

https://www.okx.com/help/us-licenses

So it's good news for those US residents who might have to trade in this exchange. It might be that US under Trump is pro-crypto that's why they were able to grant licenses to operate again in US soil.

Unless you live in Kentucky, Texas, New York, or West Virginia (sorry guys).

Like I literally don't know what is wrong with New York. Almost every single crypto platform is blocking access to that state, because they have a very unpopular and complex auditing certification you need to pass (continuously) to provided crypto services in the state. There is literally Wall Street and every single bank HQ in that state, and yet crypto cannot even make a challenge over there.

Hopefully, new politicians with coommon sense come along and repeal those regulations.

[Z-tight]

It is good for U.S. customers that okx has reentered the U.S. market, and they have a new U.S. ceo, whose name is Roshan Robert. They also announced that existing users will be moved to a new platform, which has a better UX. Sorry to residents of the states that are still blocked, lol.

[Kemarit]

Someone posted the news on Bitcointalk some days ago which is where I first saw the it. It is good that OKX will now be providing crypto service to United States citizens. But there are some features that may not be allowed, like future trading.

Is OKX IS site different from the .com? Or is it the same link with others which is .com?

If I'm not mistaken, it should be the same, perhaps they will have a site that will just really cater for US audience.

@NotATether - I have to research and yeah it's true, or at least in Texas, might be due that they requires this exchanges to have reserves before allowing them or maybe to that effect.