Seychelles-based cryptocurrency exchange OKX is set to expand its services in the U.S. with the establishment of a regional headquarters in San Jose, California. The decision follows a recent settlement with the Department of Justice (DOJ), where OKX agreed to pay over $500 million due to operating without a money transmitting license in the U.S. The newly appointed CEO Roshan Robert emphasized the company's commitment to responsible growth and compliance with evolving regulations. OKX's expansion aims to provide U.S.-based traders access to its platform and native OKX Wallet, bringing improvements such as deeper liquidity and advanced trading tools. Existing customers of OKCoin, a U.S.-accessible sister company, will be transitioned to the OKX platform. This move reflects a growing trend of crypto companies re-entering the U.S. market amid a more favorable regulatory landscape.

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