OKX submitted the DASP license application to obtain regulatory approval from French regulators Autorité des Marchés Financiers (AMF) and Autorité de Contrôle Prudentiel et de Résolution (ACPR).
OKX’s February Proof-of-Reserves report revealed that the exchange holds $8.6B in clean assets. According to the report, OKX’s reserves of Bitcoin, Ethereum, and Tether remain overcollateralized.
When it comes to custodial crypto services, there's nothing more important than their proof of reserves. We show who provides them, who doesn't and how it works.
Several prominent crypto exchanges, including OKX, Bybit, and KuCoin, have announced their plans to publish Proof-of-Reserves to provide full transparency to their customers.
OKX’s February Proof-of-Reserves report revealed that the exchange holds $8.6B in clean assets. According to the report, OKX’s reserves of Bitcoin, Ethereum, and Tether remain overcollateralized.
When it comes to custodial crypto services, there's nothing more important than their proof of reserves. We show who provides them, who doesn't and how it works.
Several prominent crypto exchanges, including OKX, Bybit, and KuCoin, have announced their plans to publish Proof-of-Reserves to provide full transparency to their customers.