OKCoin Lists Tron Cryptocurrency, Claims it’s not a Security

OKCoin is adding Tron to its crypto exchange today. Not to be confused with OKEx, which is a futures platform founded by the same people, OKCoin primarily focuses on traditional swaps and allows for bank deposits.

Importantly, OKCoin serves US customers while OKEx does not. First of all, Byun said, regulations are very important. OKCoin does not list tokens considered to be securities.

First thing we do, we have to abide by regulations in the US. We are a money service business. We’re operating out of the US. We’re serving US customers. So from a regulatory perspective, that’s the clearest step one to take, so we spend a lot of effort on our compliance team and our legal team to ensure that whatever we list is not a security.

Reference: https://www.ccn.com/okcoin-lists-tron-cryptocurrency-claims-its-not-a-security/

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