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Crypto exchange OKX is setting up its regional headquarters in San Jose, California, with a phased U.S. launch planned for 2025. This comes after resolving a $500M DOJ settlement and signals continued growth post-Trump's pro-crypto policies.
What’s the Scoop?
- Phased U.S. Launch: OKX is planning a phased rollout of its exchange and wallet product in the U.S., with a nationwide launch expected in 2025.
- New Headquarters: The exchange has established its U.S. regional headquarters in San Jose, California, appointing Roshan Robert as its U.S. CEO.
- Regulatory Compliance: OKX's expansion follows a $500 million settlement with the DOJ after past compliance issues, emphasizing a fresh start under stricter regulatory oversight.