Latest News and Articles about OKX
OKX Fined $1.2M by Malta for AML Breaches Amid Global Regulatory Scrutiny
OKX Hit with $1.2M Fine from Maltese Authorities for Breaching AML Rules OKX, a leading cryptocurrency exchange, has been fined over $1.2 million by Malta’s Financial Intelligence Analysis Unit (FIAU) for breaching Anti-Money Laundering (AML) regulations. The fine was a result of a compliance examination in April 2023, which highlighted serious violations in OKX’s Customer […]
Read MoreAndrew Cuomo Advised OKX During FBI Probe; Exchange Settles $505M for AML Violations
Andrew Cuomo’s Ties to Crypto Giant OKX Revealed Amid $500M U.S. Settlement and FBI Probe Former New York Governor Andrew Cuomo, now a mayoral candidate, was a paid adviser to OKX, a major cryptocurrency exchange, during an FBI investigation into the platform’s anti-money laundering violations. This revelation comes as OKX settles with U.S. authorities for […]
Read MoreThai SEC Cracks Down on OKX for Unlicensed Crypto Operations
Thai SEC Targets OKX for Regulatory Violations in Crypto Crackdown The Thai Securities and Exchange Commission (SEC) has launched a legal salvo against OKX, a major cryptocurrency exchange, for operating without a license and flouting critical regulations, highlighting Thailand’s ongoing efforts to police the digital asset market. Thai SEC initiates action against OKX for unlicensed […]
Read MoreThai SEC Files Criminal Complaint Against OKX for Unlicensed Crypto Operations
Thai SEC Cracks Down on OKX: Unlicensed Operations Lead to Criminal Charges The Thai Securities and Exchange Commission (SEC) has filed a criminal complaint against OKX, a global cryptocurrency exchange, and nine associated individuals for operating without the necessary authorization in Thailand. This move underscores the country’s commitment to enforcing stringent regulations within the digital […]
Read MoreOKX Halts DEX Aggregator Amid EU Probe into Bybit Hack Laundering
OKX Suspends DEX Aggregator Amid EU Probe into Bybit Hack OKX, a leading cryptocurrency exchange, has temporarily halted its decentralized exchange (DEX) aggregator following an investigation by European Union regulators into its potential involvement in laundering funds from the Bybit hack. The move underscores the ongoing challenge of balancing innovation with regulatory compliance in the […]
Read MoreOKX Gains EU MiFID II License, Boosts Crypto Derivatives Trading
OKX Secures MiFID II License for EU, Expanding Crypto Trading Options OKX, a leading cryptocurrency exchange, has been granted a MiFID II license, allowing it to offer derivative products to European institutional clients. This milestone follows OKX’s pre-approval under the MiCA framework, showcasing its dedication to regulatory compliance within the European Union. MiFID II license […]
Read MoreOKX Secures MiFID II License, Boosts Regulated Crypto Trading in Europe
OKX Acquires MiFID II License to Expand Regulated Crypto Trading in Europe Can OKX’s new MiFID II license revolutionize crypto trading in Europe? OKX has acquired a MiFID II license, set to expand its regulated services across the European Economic Area (EEA). OKX acquires MiFID II license through a company purchase in Malta. Expansion of […]
Read MoreOKX Expands in Europe with MiFID II License, Boosts Institutional Offerings
OKX Acquires MiFID II License, Expanding European Institutional Offerings OKX, a leading cryptocurrency exchange, has significantly broadened its European footprint by acquiring a MiFID II license. This strategic move was accomplished through the purchase of a Malta-licensed firm, enabling OKX to offer derivative products and services to institutional investors across the European Economic Area (EEA). […]
Read MoreOKX Denies EU Probe Amid Bybit Hack: $1.5B Stolen by Lazarus Group
OKX Denies EU Investigation Claims Amid Bybit Hack Fallout In a stunning turn of events, OKX has found itself embroiled in controversy following the massive $1.5 billion Bybit hack. The exchange has vehemently denied being under investigation by EU regulators, contrary to a recent Bloomberg report linking OKX’s Web3 service to the laundering of stolen […]
Read MoreOKX Affiliate Guilty of $1T Unlicensed Transactions, Fined $504M
OKX Affiliate Admits to $1 Trillion in Unlicensed U.S. Transactions, Agrees to $504M Penalty OKX’s affiliate, Aux Cayes FinTech Co. Ltd, has pleaded guilty to processing over $1 trillion in unlicensed transactions for U.S. customers, agreeing to a hefty $504 million penalty. This landmark case highlights the U.S. government’s stringent regulatory stance on cryptocurrency platforms. […]
Read MoreFake OKX Extension Alert: 95 Users Hit, Swift Action Taken
Warning: Fake OKX Browser Extension Found on Firefox Store A fake OKX browser extension, posing a serious threat to users, has been discovered on the Firefox store. This malicious plugin, downloaded by 95 users, uses OKX’s branding and fake reviews to appear legitimate. OKX has taken swift action, warning users and requesting Firefox to remove […]
Read MoreOKX Proof of Reserves Reveals 8,992 BTC Drop, Surge in ETH and USDT
OKX’s Latest Proof of Reserves: A Closer Look at Shifts in User Assets OKX, a prominent cryptocurrency exchange, recently unveiled its 26th proof of reserves report on December 13, 2024, showing a notable 8,992 BTC reduction in user assets. Despite this drop, the exchange reported growth in other assets, including a significant increase in Ethereum […]
Read MoreOKX Delists XRP and LTC Futures: Market Impact and Investor Strategies
OKX to Delist XRP and LTC Expiry Futures: A Market Shake-Up – OKX delisting XRP and LTC futures – Impact on prices and market dynamics – Implications for investors and the crypto landscape OKX, a major player in the cryptocurrency exchange world, has decided to delist Ripple’s XRP and Litecoin (LTC) expiry futures effective December […]
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