Cryptocurrency exchange OKX, based in Seychelles, has announced the opening of a new regional office in San Jose, California, allowing U.S. traders access to its platform and wallet.
OKX's Office in the U.S.
OKX has opened a new office in San Jose, providing access to U.S. traders to its platform and wallet. This move comes amid growing interest in cryptocurrencies in the U.S.
Expansion Strategy Under Roshan Robert
Roshan Robert, the new CEO of OKX in the U.S., previously worked at Barclays and was a co-founder of the crypto prime broker Hidden Road. He emphasized that the company will work to adapt to evolving regulations and is committed to transparent trading practices.
Cryptocurrency Market Situation in the U.S.
Since the administration of President Donald Trump, the U.S. has become more welcoming to the cryptocurrency industry. OKX reached a settlement with the Department of Justice, paying a fine related to services offered to U.S. clients without a license.
OKX continues its expansion in the U.S., planning to offer American traders new trading tools and lower fees while complying with regulatory requirements.