Following a $500 million settlement with the U.S. Department of Justice earlier this year, crypto exchange OKX has officially resumed operations in the United States.
The announcement was made via a press release on April 15, confirming the launch of a crypto trading exchange, a self-custody Web3 wallet, and the appointment of Roshan Robert as the new CEO of OKX U.S.
OKX Now Accessible to U.S. Customers Again
Users in the U.S. can now access the full suite of OKX features — including trading tools, low fees, and deep liquidity. Existing customers of the previous OKcoin platform will be automatically migrated to the new OKX platform.
New users will receive gradual access, with a full rollout expected by the end of 2025.
San Jose Headquarters and Regulatory Focus
As part of its U.S. expansion, OKX is opening a regional headquarters in San Jose, California. According to the company, this move will enhance its focus on regulatory compliance and position it closer to innovation hubs and top tech talent.
New CEO Roshan Robert, with experience in capital markets and regulation, commented:
The U.S. is moving toward clearer crypto regulation, creating tremendous opportunities. Our goal is to build trust and deliver secure, regulation-compliant digital asset solutions.
— Roshan Robert, CEO of OKX U.S.
Web3 Wallet Supporting Over 130 Blockchains
OKX is also launching a new Web3 wallet for U.S. users, enabling self-custody of digital assets and supporting over 130 blockchain networks.
The wallet includes tools for:
- Decentralized trading
- Cross-network transfers
- NFT discovery and storage
- Interaction with Web3 dApps
There is even a built-in AI tool that recommends trending tokens and hot projects.
OKX Introduces Full Transparency with Proof-of-Reserves
To build trust, OKX will publish monthly Proof-of-Reserves reports audited by blockchain security firm Hacken. This will allow users to verify that their funds are securely held on the platform.
DOJ Settlement and U.S. Relaunch
The U.S. relaunch comes after OKX reached a settlement with the Department of Justice in February 2025, admitting it had operated an unregistered crypto exchange. The company agreed to implement a compliance monitoring system through 2027.
OKX now claims to have implemented a full regulatory compliance framework that includes:
- Know Your Customer (KYC) procedures
- Fraud detection systems
- Internal control mechanisms
With this move, the company aims to fully comply with U.S. regulations for crypto platforms.
Conclusion:
OKX is making a strong comeback in the U.S. market with a new platform, a powerful Web3 wallet, and a renewed commitment to regulatory compliance. With a new CEO, modern infrastructure, and a promise of transparency, the company is betting on trust, security, and innovation to lead its next chapter in the U.S.
Frequently Asked Questions
Find answers to the most common questions below.
Yes, existing OKcoin users in the U.S. will be automatically migrated to the new OKX platform and will retain access to their accounts and assets.
The self-custody Web3 wallet supports over 130 blockchains and includes features like decentralized trading, NFT storage, cross-chain transfers, dApp integration, and AI-powered token discovery.
OKX publishes monthly Proof-of-Reserves reports audited by Hacken and has implemented a full compliance framework including KYC, fraud detection, and regulatory monitoring through 2027.
This article is for general informational purposes only and is not intended to be, nor should it be considered, legal or investment advice.
