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Founded Year

2013

Stage

Corporate Minority | Alive

Total Raised

$10M

About OKCoin International

OKCoin International is a cryptocurrency exchange platform in the financial technology sector. The company facilitates the buying, selling, and trading of various cryptocurrencies, including Bitcoin and Ethereum, through its online platform. OKCoin primarily serves individual and institutional clients in the cryptocurrency market. It was founded in 2013 and is based in San Francisco, California.

Headquarters Location

San Francisco, California,

United States

+852 58085768

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OKCoin International's Products & Differentiators

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Expert Collections containing OKCoin International

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

OKCoin International is included in 1 Expert Collection, including Blockchain.

B

Blockchain

7,936 items

Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.

Latest OKCoin International News

OKCoin Accused by FDIC of Making False Claims About Customer Protections

Jun 16, 2023

OKCoin must scrub misleading statements that suggest its customers’ accounts are protected by the U.S. Federal Deposit Insurance Corp. (FDIC), the U.S. banking regulator ordered late Thursday, complaining the company is making false claims. The FDIC has demanded OKCoin USA Inc., the San Francisco-based sister exchange to OKX, remove any offending claims from its site immediately or face a possible enforcement action for violating U.S. banking law, the FDIC said in its letter to CEO Hong Fang . It’s the latest of several such warnings to crypto firms from the banking watchdog. “OKCoin is not FDIC-insured and the FDIC does not insure non-deposit products,” the agency said in its cease-and-desist demand. “By not distinguishing between U.S.-dollar deposits and crypto assets, the statements imply FDIC insurance coverage applies to all customer funds (including crypto assets).” The agency cited three examples of “false and misleading representations,” including a mention on its website that the Provenance Blockchain’s HASH token on OKCoin had “received broad regulatory acceptance from the SEC, OCC, FED, and the FDIC” and a  2020 posting to the company’s website , where it advertised itself as “Licensed across the US with FDIC insurance on OKCoin accounts.” It also cited a company official’s Twitter post that “if you are in the US we offer FDIC insurance on USD deposits.” A request for comment sent to the CEO late Thursday wasn’t immediately answered. The regulator previously sent similar orders to now-bankrupt Voyager Digital and to FTX.US , after then-CEO Brett Harrison suggested in a tweet that the company was covered by the regulator. The FDIC had also issued a broader warning to the crypto sector, saying FDIC protections focus only on banks, not crypto firms that have FDIC-insured bank accounts.

OKCoin International Frequently Asked Questions (FAQ)

  • When was OKCoin International founded?

    OKCoin International was founded in 2013.

  • Where is OKCoin International's headquarters?

    OKCoin International's headquarters is located at San Francisco.

  • What is OKCoin International's latest funding round?

    OKCoin International's latest funding round is Corporate Minority.

  • How much did OKCoin International raise?

    OKCoin International raised a total of $10M.

  • Who are the investors of OKCoin International?

    Investors of OKCoin International include Shi Yuzhu, Ceyuan Ventures, Tang Yue, Longling Capital, Giant Interactive Group and 12 more.

  • Who are OKCoin International's competitors?

    Competitors of OKCoin International include Coinsquare and 6 more.

  • What products does OKCoin International offer?

    OKCoin International's products include test.

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