OKX announces entry into the US market and will establish regional headquarters in California

Odaily News OKX announced that it will officially enter the US market and will set up a regional headquarters in California. Officials said that it will launch a centralized trading platform and OKX Wallet for US users. Former OKCoin users will be migrated to the OKX platform, and new user access will be carried out in stages, and it is expected to start nationwide promotion later this year. OKX said it will actively cooperate with US regulators to promote compliance operations in accordance with current regulations, and has established a compliance system covering KYC, anti-money laundering (AML), risk assessment and transaction monitoring mechanisms.