OKX marketing director Haider Rafique admitted that OKX is going to attract Indian users and will stimulate the local developer community to do this. Now the service is used by about 200,000 people in India. This is about 5% of the total number of crypto users in the country.
Local regulators pay much more attention to cryptocurrency platforms that have the ability to work with fiat currencies, the company’s top manager complains. OKX also has similar services, although it will not offer them in India. The marketing director emphasized that once the Indian authorities decide on the regulation of cryptocurrencies, OKX will be able to “become a leader in the local market.”
Recently, the OKX exchange provided a report on reserves. It turned out that the exchange holds $10.4 billion worth of cryptocurrency assets. These are mainly BTC, ETH and USDT.
Source: Bits
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