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OKX CEO Calls US Expansion a ’No-Brainer’ as Crypto Giants Jockey for Position

OKX CEO Calls US Expansion a ’No-Brainer’ as Crypto Giants Jockey for Position

Author:
Blockworks
Published:
2025-05-09 13:30:00
20
2

‘No brainer’ to expand into US: OKX CEO

Hong Kong-based exchange OKX joins the land grab for American crypto traders—because when has chasing regulatory headaches ever backfired?

’The math is simple: more users, more volume, more revenue,’ says CEO Star Xu, brushing past the minor detail of navigating 50 states’ worth of compliance hurdles. Because nothing screams ’easy win’ like appeasing the SEC while dodging the CFTC.

With rivals like Binance bleeding market share post-settlement, OKX smells blood in the water. Never mind that US regulators treat crypto firms like piñatas—the upside (apparently) justifies the compliance circus.

|Square

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