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Roshan Robert Appointed CEO to Lead OKX’s United States Division


by Peter Mwangi
for CoinEdition
OKX Re-Enters US Crypto Market After $504 Million Settlement
  • OKX relaunches US operations after settling $504M DOJ charges for unlicensed operations previously
  • New U.S. CEO Roshan Robert to lead regulatory engagement and compliance efforts  
  • Expansion includes Web3 wallet, 300+ crypto assets, and new HQ in Silicon Valley

Cryptocurrency exchange OKX has relaunched its U.S. operations just weeks after settling legal issues with federal authorities. The company has now rolled out a new centralized trading platform and a self-custody Web3 wallet for US users, appointed a new regional CEO, and opened its American headquarters in San Jose, California.

This US market re-entry follows OKX’s February 2025 agreement to pay over $504 million in penalties. That settlement stemmed from a guilty plea related to previous unlicensed operations in the US, where the Department of Justice stated the exchange handled over $1 trillion in US customer transactions without proper authorization.

Related: OKX Wins Major European MiFID II License: To Start Regulated Crypto Derivatives Trading

The settlement concluded months of investigation into OKX’s adherence to anti-money laundering (AML) and licensing laws. Operating officially in the …

The post Roshan Robert Appointed CEO to Lead OKX’s United States Division appeared first on Coin Edition.

Read the article at CoinEdition

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Roshan Robert Appointed CEO to Lead OKX’s United States Division


by Peter Mwangi
for CoinEdition
OKX Re-Enters US Crypto Market After $504 Million Settlement
  • OKX relaunches US operations after settling $504M DOJ charges for unlicensed operations previously
  • New U.S. CEO Roshan Robert to lead regulatory engagement and compliance efforts  
  • Expansion includes Web3 wallet, 300+ crypto assets, and new HQ in Silicon Valley

Cryptocurrency exchange OKX has relaunched its U.S. operations just weeks after settling legal issues with federal authorities. The company has now rolled out a new centralized trading platform and a self-custody Web3 wallet for US users, appointed a new regional CEO, and opened its American headquarters in San Jose, California.

This US market re-entry follows OKX’s February 2025 agreement to pay over $504 million in penalties. That settlement stemmed from a guilty plea related to previous unlicensed operations in the US, where the Department of Justice stated the exchange handled over $1 trillion in US customer transactions without proper authorization.

Related: OKX Wins Major European MiFID II License: To Start Regulated Crypto Derivatives Trading

The settlement concluded months of investigation into OKX’s adherence to anti-money laundering (AML) and licensing laws. Operating officially in the …

The post Roshan Robert Appointed CEO to Lead OKX’s United States Division appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Wall Street is Warming Up to Rate Cuts—Will Crypto Be the Biggest Winner?

Wall Street is Warming Up to Rate Cuts—Will Crypto Be the Biggest Winner?

Wall Street is increasingly betting on US interest rate cuts before the end of 2025. ...
PEPE Price Eyes Pattern Breakout as 17 Trillion Tokens Exit Exchanges

PEPE Price Eyes Pattern Breakout as 17 Trillion Tokens Exit Exchanges

Pepe (PEPE) price is showing signs of renewed strength, rising nearly 57% in the past...