OKX
OKX launches ETH layer-2 network X Layer following Coinbase’s Base success
Crypto exchange OKX finally opened its Ethereum layer-2 network X Layer mainnet to the general public on April 15.
The scaling solution’s testnet was launched in November 2023 to much acclaim and was built with Polygon’s Chain Development Kit (CDK).
Singapore Steps Up Crypto Regulation: MAS Implements Stricter Guidelines For Service Providers
Singapore’s Monetary Authority has introduced amendments to the Payment Services Act, signaling a widening regulatory framework. These changes, which will take effect in phases from April 4, mark a significant shift in the landscape for companies operating in the crypto sector.
Read moreBlackRock Bitcoin ETF Beats OKX And Kraken Holdings Combined
In a move signaling a major shift in the cryptocurrency landscape, BlackRock, the world’s largest asset manager, has emerged as a dominant force in Bitcoin ownership through its iShares Bitcoin Trust (IBIT).
Read moreBitcoin CEX trading volume hits record high in March
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OKX To Cease Operations In This Asian Country, Urging Users To Liquidate Holdings By April 30 | Bitcoinist.com
In a recent development, Seychelles-based firm OKX, one of the largest cryptocurrency exchanges in the world, has announced the shutdown of its services in India.
According to recent reports, the decision comes in response to regulatory hurdles faced by the exchange in the country.
Crypto Exchange OKX Delists USDT Trading In Europe – Here’s Why
In a strategic move ahead of regulatory changes, OKX, the fourth-largest global cryptocurrency exchange, has decided to discontinue USDT trading pairs in the European Economic Area (EEA).
Read moreOKX Approved: A Win For Singapore’s Crypto Ambitions?
Singapore’s meticulously crafted reputation as a bastion of financial stability is taking a fascinating turn. The island nation, long known for its conservative approach, is emerging as a surprising champion for regulated cryptocurrency activity.
Read moreOKX secures key payment license in ‘priority market’ Singapore
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Bitcoin exchange balance dips to lowest since 2018 as market shifts to HODLing
Since mid-March 2020, there has been a notable decline in the volume of Bitcoin stored in exchange wallets, marking a significant shift in investor behavior.
At the time, over 17% of Bitcoin’s total supply was housed on exchanges, a record high.
Regulatory Storm Brewing: OKX Faces Probe In South Korea Over Alleged Crypto Violations
OKX, a major player in the global crypto trading market, is currently facing scrutiny in South Korea.
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