The expansion comes 12 months after the firm announced its intention to expand down under.
Crypto exchange OKX is moving its Australian-focused services under a locally regulated entity as part of its expansion efforts through the Asia-Pacific region.
Oscar Piastri of McLaren Racing — one of OKX's main sponsors —officially announced the news at a media event in Sydney on May 14.
“Australian crypto users deserve a platform that is secure, easy-to-use and response to their needs, which include seamless access to banking rails as well as AUD pairs for the most popular cryptocurrencies,” OKX Australia general manager Jamie Kennedy said in a statement shared with Cointelegraph.
