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Crypto exchange OKX ceases services in India


Crypto exchange OKX is ceasing services for users in India, it said in an email to customers Thursday, advising them to withdraw their funds by April-end. Crypto exchange OKX is ceasing services for users in India, it has informed customers after regulatory scrutiny.

Crypto exchange OKX is ceasing services for users in India, it said in an email to customers Thursday, advising them to withdraw their funds by April-end. Financial Intelligence Unit, the government agency, named Binance, Kraken, Huobi and Gate.io as the apps operating “illegally” in India but hadn’t named OKX in its public statement. OKX has advised customers in India to close all their active margin positions and withdraw all funds by April 30.

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