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The South Korean cryptocurrency exchange Upbit overtook both Coinbase and OKX in terms of spot trading volume for the first time, according to data published on Aug. 3 from CCData. Spot trading volume on Upbit rose in the month of July by 42.3% up to $29.8 billion. Coinbase and OKX on
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Manchester City and OKX's other partners have been auditing the exchange's proof of reserves to ease concerns that it won't go the same way as FTX. Source
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"In the current complex market environment, institutions demand reliability, predictable returns and genuine innovation when choosing a trading venue,” said Lennix Lai, global chief commercial officer at OKX. “This is especially true in basis trading, where precision and flawless execution are paramount,” he added. Original Source
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OKX Middle East had been offering certain products and services in the region since last July. Dubai’s Virtual Assets Regulatory Authority (VARA) has granted crypto exchange OKX a minimal viable product (MVP) preparatory license. This implies that the exchange is now cleared to fulfill all requirements to bag a full operational
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The middle eastern arm of cryptocurrency exchange OKX reported Dubai’s Virtual Asset Regulatory Authority had granted the firm a minimal viable product preparatory license as part of its plans to expand into the region.In a June 15 notice, OKX said amid the regulator’s licensing approval, the exchange planned to increase
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UAE to serve as strategic global and regional business hub, OKX to expand to 30 staff OKX, the second-largest crypto exchange by trading volume and a leading
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“For OKX, we have always blocked U.S. customers and so we are not active in the U.S.,” Byun said. “We will make a decision about the U.S., when and if to enter that market, in an appropriate and compliant manner. But we think that outside of the U.S. there are
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The steep crash in crypto prices has triggered liquidations across the board, with the number of ethereum (ETH) futures contracts forcefully closed by OKX, a crypto trading platform, hitting a 1-month high, data from Glassnode, a
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OKX periodically buys back and burns the tokens to gradually reduce their supply on the open market. Source
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OKX is the first client to use Komainu Connect, a regulated settlement and custody system for institutional customers. Original Source
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