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OkCoin
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Hong Fang, chief working officer at OK Group and president of OKX, took to X (previously Twitter) to announce that Okcoin will likely be rebranding to OKX over the approaching Based in 2013, Okcoin may have the identical title…
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Regulation
FDIC Orders OKCoin to Halt ‘Deceptive Representations’ of Deposit Insurance coverage Standing
by Jeremyby JeremyThe US Federal Deposit Insurance coverage (FDIC) has ordered OKCoin to take away deceptive statements that recommend that its clients’ accounts had been insured by the authorities FDIC issued the order on Thursday in a letter addressed to…
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Altcoin NewsNews
Okcoin suspends USD deposits in wake of Signature Financial institution closure
by Jeremyby JeremyOn March 12, New York state regulators closed Signature Financial institution, a serious monetary establishment for fiat-crypto on-ramping, citing a “systemic danger exception” within the wake of SVB’s Along with suspending greenback deposits, Fang wrote that “over-the-counter companies will…
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