Odaily Planet Daily reported that OkCoin sent an email to users in some areas saying that due to new local regulations, Okcoin Technology Co., Ltd. (Hong Kong) is expelling users; starting from October 12, 2023, OkCoin accounts will only provide login and withdrawal services. ; Please do not make deposits after this, it may not be automatically credited to the account; Please withdraw all fiat currencies and crypto assets before October 12, 2023. If users do not withdraw their assets, OkCoin will start to withdraw their assets from October 16, 2023. Monthly maintenance fees apply.
According to previous news, OkCoin CEO Fang Hong announced on the X platform that he has decided to rename Okcoin globally as OKX in the next few months.