News
Okcoin suspends USD deposits
Okcoin CEO Hong Fang, the U.S. affiliate of cryptocurrency exchange OKX had no exposure to defunct U.S. tech bank Silicon Valley Bank. However, Fong stated that Okcoin’s U.S. dollar wire and ACH deposits have been immediately paused due to the regulatory intervention in Signature Bank, Okcoin’s primary partner for customer transactions in dollars.
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