Topic: The crypto currency exchange OKCoin has begun work in 20 States of the USA. The (Read 92 times)

That is good and great for mass adoption of cryptos and its trading especially when sec has already cleared btc, eth and other major cryptos declaring that they do not fall under securities, i think soon we will see boom in crypto investing and trading from usa.

The trading platform received a work permit from financial regulators. The capitalization of the industry in a few hours increased by $8 billion, the Chinese cryptocurrency exchange OKCoin announced the opening of access to the platform for users from 20 us States. Now on the trading platform will be able to work the residents of Alaska, Arizona, Colorado, Idaho, Illinois, Indiana, Kansas, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nevada, new Jersey, Tennessee, Texas, Utah and Wisconsin.  According to Jim Nguyen, OKCoin Vice President of marketing, The company has received all necessary permissions from financial regulators. The service will be provided in the "token-token"format. "We are pleased that we have taken an important step forward, we are trying to break down the barriers to a truly global digital asset market, adhering to the established rules," Nguyen said. The exchange has also applied for a license in the field of money transfers for trading in pairs "token-token" and "Fiat-token". After OKCoin receives the appropriate permission, It will be able to work in other us States. Over the past day, the total capitalization of the cryptocurrency market increased by $8 billion to $194 billion. Most of the digital money is in the "green zone", Bitcoin has risen by 1.8% per day to $6410, Ethereum exchange rate increased by 8% to $188. Earlier, the head of OKEx and OKCoin Star Xu was detained by Shanghai police, after which he was released. He himself called the police after he was attacked by a group of investors who lost their money on bitcoin futures. They claim it was the company's fault.