OKCoin Korea Exchange Launched

According to the company, users can quickly and safely buy and sell bitcoins for Korean won on a new platform
03 April 2018   863

The team of OKCoin announced the launch of the same-name cryptocurrency platform for trading in South Korea. The new site was called OKCoin Korea.

Okcoin Korea
Okcoin Korea

According to the company, users can quickly and safely buy and sell bitcoins for Korean won on a new platform.

A year ago, OKCoin was on the list of the world's largest crypto exchanges, but under the pressure of the Chinese authorities it was forced to actually turn down the work.

In parallel, the company launched the international exchange OKEx, which is now in the top five of the largest crypto exchanges, outperforming in terms of trading volumes such sites as Bitfinex, Buthumb and Bittrex.

OK Group to Invest $140M in Chinese DLT Development

The group will open an Asia-Pacific Innovation Development Center in Hainan, and will partner with local authorities for DLT ecosystem development
03 December 2019   217

The OKCoin cryptocurrency exchange operator, OK Group, intends to invest $ 140 million in the distribution of the blockchain in China, The Block writes.

The group will open an Asia-Pacific Innovation Development Center, which will be located in the Chinese province of Hainan, and will partner with local authorities to support the blockchain ecosystem.

Hainan has established the solid foundation for innovation industries, and with the [accelerated] development of blockchain technology, OK Group is really glad to achieve this cooperation. OK Group will make full use of the Asia Pacific Innovation Center to support the innovation and entrepreneurship in the blockchain industry via selecting the potential projects, cultivating industry talents, and incubating the blockchain star-ups.
 

Star Xu

Founder, OK Group

The innovation center will include a unit for researching data on the blockchain and an international database of entrepreneurs in the field of distributed registry technology, the group said. She also promised that she would focus on the development of practical solutions on the blockchain in order to accelerate their distribution. The main areas of work were named education, employment, healthcare and food safety.