OKX-Affiliated OKCoin Pauses USD On-Ramp Due to Signature Bank | ARcalls - 100xGems 🔕

OKX-Affiliated OKCoin Pauses USD On-Ramp Due to Signature Bank’s Collapse
OkCoin CEO Hong Fang tweeted that customer deposits are safe and USD withdrawals are not affected.

“Our team are working very hard on alternative channels and solutions in real-time,” OKCoin CEO Hong Fang tweeted. “We've been through much worse times since our inception. If this weekend has told us anything, it's the significance of the future that we are building.”

OKCoin is believed to be the first exchange to lose its ability – albeit temporarily – to process USD deposits because of the current banking crisis.
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