Unlock Crypto Freedom: OKX’s U.S. Re-Launch with Self-Custody Wallet Innovations

OKX Reenters U.S. Market with enhanced Services

OKX, a major crypto exchange, is back in the U.S. market after settling a $500 million case with the Department of Justice. The company announced its return on April 15, bringing a new web3 wallet and a centralized exchange platform.

U.S. customers can now enjoy OKX’s trading tools, low fees, and liquidity. Existing OKcoin users will transition to the new platform, while new users will gain access gradually. Roshan Robert, the new U.S. CEO,leads this expansion. He has a strong background in capital markets and regulation.

Robert said, “We see great opportunities as crypto regulations become clearer. We’re excited to offer a secure and compliant experience.” The exchange has set up a regional headquarters in San Jose, California, to focus on compliance and innovation. This move comes after over a year of building a robust compliance system.

key features include:

• A self-custody web3 wallet supporting over 130 blockchains
• Tools for trading, moving funds, exploring NFTs, and using web3 dApps.

  Clarity is a priority. OKX will release monthly proof-of-reserves reports, verified by Hacken. This ensures users that their funds are safe. The company has also implemented a full compliance framework, including know-your-customer checks and fraud detection, to meet U.S. standards.

  This relaunch follows OKX’s February settlement with the DOJ. the company admitted to running an unlicensed crypto business and agreed to external monitoring until 2027. With thes changes, OKX aims to build trust and deliver a high-performance crypto experience in the U.S.