{"id":69575,"date":"2022-11-04T14:30:17","date_gmt":"2022-11-04T12:30:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=69575"},"modified":"2025-09-07T20:49:57","modified_gmt":"2025-09-07T17:49:57","slug":"okx-secures-bahamas-registration","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/okx-secures-bahamas-registration\/","title":{"rendered":"OKX secures Bahamas registration."},"content":{"rendered":"<p>The cryptocurrency exchange OKX has registered in the Bahamas as a digital asset company.<\/p>\n<blockquote class=\u201ctwitter-tweet\u201d>\n<p lang=\u201cen\u201d dir=\u201cltr\u201d>  Announcement  <\/p>\n<p>ICYMI: <a href=\u201chttps:\/\/twitter.com\/hashtag\/OKX?src=hash&#038;ref_src=twsrc%5Etfw\u201d>#OKX<\/a> continues its global growth journey by expanding to The Bahamas &#038; opening a regional hub in Nassau   <\/p>\n<p>Meet the leadership for OKX Bahamas \u2193<\/p>\n<p>\u2014 OKX (@okx) <a href=\u201chttps:\/\/twitter.com\/okx\/status\/1588272302608850952?ref_src=twsrc%5Etfw\u201d>November 3, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\u201chttps:\/\/platform.twitter.com\/widgets.js\u201d charset=\u201cutf-8\u201d><\/script><\/p>\n<p>The company has been registered in accordance with the <span data-descr=\"DARE Act\" class=\"old_tooltip\">DARE Act<\/span>. It created a subsidiary OKX Bahamas with an office in Nassau and appointed Jillian Betel as its chief executive.<\/p>\n<p>The platform plans to hire at least 100 employees.<\/p>\n<p>In the wake of the news, the OKB token rose 24.6% over the last 24 hours, according to <a href=\\\"https:\/\/www.coingecko.com\/\\\">CoinGecko<\/a>. At one point the asset price reached $23, but has since corrected to $20.<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"596\\\" src=\\\"https:\/\/forklog.com\/wp-content\/uploads\/OKBUSDT_2022-11-04_14-16-05-1024x596.png\\\" alt=\\\"OKX registers in the Bahamas\\\" class=\\\"wp-image-189870\\\" srcset=\\\"https:\/\/forklog.com\/wp-content\/uploads\/OKBUSDT_2022-11-04_14-16-05-1024w, https:\/\/forklog.com\/wp-content\/uploads\/OKBUSDT_2022-11-04_14-16-05-300x175.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/OKBUSDT_2022-11-04_14-16-05-768x447.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/OKBUSDT_2022-11-04_14-16-05.png 1424w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>OKB\/USDT hourly chart on OKX. Data: TradingView.<\/figcaption><\/figure>\n<p>In September 2021, the Bahamas Securities Commission <a href=\"https:\/\/forklog.com\/en\/news\/ftx-launches-regulated-platform-in-the-bahamas\">registered<\/a> a digital-asset business subsidiary of the crypto exchange FTX. According to the company, FTX Digital Markets was the first in the jurisdiction to obtain a license under the DARE Act.<\/p>\n<p>Later, Sam Bankman-Fried&#8217;s platform <a href=\"https:\/\/forklog.com\/en\/news\/ftx-moved-its-headquarters-from-hong-kong-to-the-bahamas\">moved its headquarters<\/a> from Hong Kong to the Bahamas due to the favourable regulatory position. However, in October 2022 he <a href=\"https:\/\/forklog.com\/en\/news\/sam-bankman-fried-hints-at-moving-ftx-headquarters-to-the-united-states\">allowed<\/a> the relocation of its headquarters to the United States.<\/p>\n<p>In July <a href=\"https:\/\/forklog.com\/en\/news\/okx-granted-dubai-license\">OKX received a license in Dubai<\/a> and announced plans to open a regional headquarters in the emirate.<\/p>\n<p>Read ForkLog&#8217;s bitcoin news in our <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange OKX has registered in the Bahamas as a digital asset company.<\/p>\n","protected":false},"author":1,"featured_media":69576,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1899,1291],"class_list":["post-69575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bahamas","tag-okx"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=69575"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69575\/revisions"}],"predecessor-version":[{"id":69577,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69575\/revisions\/69577"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/69576"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=69575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=69575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=69575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}