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On October 13, following Binance’s announcement of expelling Chinese mainland users, OKEx also issued a notice titled “Notice on the Supervision and Regulation Policy in the Chinese mainland Area”.
The announcement stated that OKEx had shifted its business focus to the international market since September 2017, not promoting or providing services for the Chinese mainland marketsports betting online website and Just click to enter. The okex.com website is inaccessible in the Chinese mainland, and the APP has also been removed from all Chinese mainland app markets.
OKEx emphasized that it will continue to steadily develop in the international market, continuously improve its products and services, and maintain the policy of “withdrawing from the Chinese mainland market”, without establishing offices and teams in the Chinese mainland. The company currently has offices in many major countries around the world and employs more than 1000 overseas staff.
After 2017, the domestic “crypto circle” had Firecoin, Binance, and OKEx referred to as the “Top Three” due to the high trading volume of these three cryptocurrency trading platforms at that time and their high global market share. However, as of October 13, 2021, all three exchanges have announced their withdrawal from the Chinese mainland market.
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