Cryptocurrency Exchange OkCoin Has Expanded In 20 New States Of The USA
Almost a year has passed since one of the world’s largest crypto-exchange markets was forced to close its doors after the government imposed a ban on trade. Now this stock exchange OKCoin, previously based in China, is trying to resume its activities on the other side of the globe.
Now headquartered in San Francisco, the US subsidiary of OKCoin announced on Wednesday that it has received regulatory approval for expansion in 20 new states.
Earlier, the OKCoin exchange was opened only for traders in California, where it attracted about $ 700,000 in daily volume, ranking 125th among global exchanges, at CoinMarketCap.
Now the Platform is also available in 20 new states including Alaska, Arizona, Colorado, Idaho, Illinois, Indiana, Kansas, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nevada, New Jersey, Tennessee, Texas, Utah and Wisconsin.
It is noteworthy, however, that the Californians remain the only customers who will be allowed to trade directly against the US dollar. Traders in other countries will have access to cryptocurrency trading both against Bitcoin (BTC) and against Ethereum (ETH), but they will not have access to the fiat markets.