Overview

• OKX has officially relaunched its U.S. cryptocurrency platform, introducing a new digital wallet and establishing its regional headquarters in San Jose, California.
• The relaunch follows a $500 million settlement with the DOJ in February 2025 over charges of operating without proper licensing and inadequate anti-money laundering protocols.
• Roshan Robert, a former executive at Barclays and Hidden Road, has been appointed as the new U.S. CEO to lead the expansion and oversee compliance enhancements.
• The company has implemented a comprehensive compliance program, including advanced AML tools, KYC processes, and market surveillance technologies, to meet regulatory standards.
• Existing OKCoin users will be migrated to the revamped OKX platform, which promises deeper liquidity, lower fees, and advanced trading tools to compete with industry leaders like Coinbase and Kraken.