Global crypto commutation, OKCoin, has added two new members to its acme bass — Haider Rafique, Blockchain.com's erstwhile head of growth, and Megan Monroe-Coleman, Coinbase's previous compliance executive.

Megan Monroe-Coleman comes on board as the outfit's global master compliance officeholder, while Haider Rafique takes the role of global chief marketing officer, said a argument provided to Cointelegraph.

OKCoin in the midst of expansion

OKCoin has shown several expansion efforts then far in 2022. The exchange brought in former Goldman Sach's staff, Hong Fang, as CEO in early on March. At the same fourth dimension, the entity's old CEO transitioned into a authorities relations role.

Headquartered in San Francisco, OKCoin too gained FinCEN regulatory licensing, while pushing forward with land-specific approvals. At a global scale, OKCoin provides a fiat on-ramp to crypto trading for 184 countries currently, the statement said.

Catering to the world'south 2d largest crypto trading population, OKCoin gained updated licensure in Nippon roughly two months ago, assuasive the exchange to offer trading in the country beginning in July, Monroe-Coleman told Cointelegraph via email. The updates chronicle to recent changes in Japan's regulatory requirements.

The U.S. leads finance

"The U.S. is of course the leader market for financial institutions and services," Monroe-Coleman said, circumvoluted back to North America. OKCoin looks to grow its crypto space involvement, in part through its fiat currency options and access on the exchange.

However in its early stages, Monroe-Coleman said that the crypto space has significant growth potential, pointing toward OKCoin every bit a way for more people to get involved.

With Bitcoin'south halving only days away, Rafique said OKCoin squad analysis has revealed a number of new marketplace participants based on internet searches and social analytics. "What we are seeing is a wave of new investors learning nigh 'Bitcoin halving' in context of quantitative easing and related keywords," he said, adding:

"I recollect information technology's fascinating that the 3rd Bitcoin halving is taking place during these unprecedented times. This could get a forcing mechanism that drives in new investors into crypto markets."

As the crypto infinite expands, OKCoin is not solitary it its fiat crypto exchange offerings and expansion. India, for instance, recently saw a new fiat exchange pop upwards afterwards the land removed its digital asset ban.