OKX, a leading global cryptocurrency exchange, has officially announced its relaunch in the United States, marking a strategic expansion into the American market alongside established players like Coinbase and Kraken. This move underscores OKX's commitment to providing compliant, secure, and innovative digital asset solutions for U.S. users.
Strategic Overhaul for the US Market
The relaunch features:
- A self-custody Web3 wallet tailored for U.S. customers.
- A revamped centralized exchange platform with competitive pricing and diverse coin offerings.
- The appointment of Roshan Robert as the new U.S. CEO, signaling a focus on regulatory compliance and local leadership.
Existing users of OKX’s former U.S. platform, OKcoin, will seamlessly migrate to the new OKX interface. The platform will onboard users progressively, with full access expected later this year.
👉 Discover OKX’s new U.S. trading platform
Regulatory Commitment and Infrastructure
OKX has invested over a year in building a robust compliance framework to align with U.S. regulations. The company:
- Opened a new San Jose, California office to collaborate with regulators and tap into Silicon Valley’s tech talent.
- Initiated proactive dialogues with U.S. regulators in mid-2024.
CEO Roshan Robert emphasized:
"With advancing crypto regulatory clarity in the U.S., we’re poised to deliver trusted, high-performance digital asset solutions. Our goal is to empower users with flexibility and security."
Key Offerings for U.S. Customers
- Multi-Chain Web3 Wallet: Supports 130+ blockchains for secure self-custody.
- Enhanced Trading Tools: Low fees, deep liquidity, and a wide selection of cryptocurrencies.
Settlement with the U.S. Department of Justice
In February 2025, OKX reached a $505 million settlement with the DOJ resolving allegations of operating an unlicensed money transfer business. The breakdown includes:
- $84 million fine.
- $421 million forfeiture of fees from unauthorized U.S. transactions (2018–2024).
Prosecutors noted OKX processed over $1 trillion in U.S. transactions during this period, generating significant revenue. This settlement underscores OKX’s efforts to align with U.S. legal standards.
👉 Learn how OKX ensures compliance
FAQ
1. How does OKX’s U.S. platform differ from its global services?
The U.S. platform adheres to local regulations, offering a curated selection of compliant trading pairs and a dedicated Web3 wallet.
2. When will full access be available for U.S. users?
OKX plans phased onboarding, with complete availability expected by late 2025.
3. What blockchains does the OKX Web3 wallet support?
The wallet integrates with 130+ blockchains, including Ethereum, Solana, and Polygon.
4. How does OKX address regulatory concerns post-settlement?
OKX has implemented stricter KYC/AML protocols and collaborates transparently with U.S. authorities.
5. Can existing OKcoin users transfer assets to OKX?
Yes, migrations will be automatic and fee-free.
6. What trading features are prioritized for U.S. customers?
Low-latency trading, institutional-grade liquidity, and staking options are key focuses.
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