Kate Cooper, a seasoned expert in the crypto space who previously served as the CEO of Australia and Head of APAC, joined crypto exchange OKX Australia as the CEO.

According to Cooper’s statement issued today (Wednesday), Australia’s crypto landscape is evolving, and OKX is focusing on enhancing crypto offerings by targeting opportunities in the region.

“Australia has everything it takes to punch above its weight in crypto, top talent, strong infrastructure, and a thriving fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term ecosystem,” she said. “We’ve also got a community of sharp, tech-savvy traders ready to seize new opportunities.”

OKX Expands in Australia

OKX Australia is not entering the market lightly. The company mentioned that it has assembled a strong local team and is drawing on insights from its global operations to enhance the Australian crypto experience.

According to her LinkedIn profile, Cooper also serves as the Board Member of the Digital Economy Council of Australia. Her previous experience also includes senior roles in the financial sector. She served as the Executive for Digital Assets at the National Australia Bank.

Since July 2024, OKX’s monthly trading volumes in Australia have reportedly more than quadrupled. The introduction of new trading bots has further enhanced the platform’s appeal, providing traders with advanced tools to optimize their strategies.

Australia’s regulatory environment for crypto is evolving, and OKX is focusing on compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term as a key component of its strategy. The company is registered with AUSTRAC as a Digital Currency Exchange provider and holds an Australian Financial Services (AFS) license.

OKX’s Presence in Australia’s Fintech Ecosystem

OKX sees significant potential in the market and is making strategic moves to solidify its presence. The company is involved in major local events, such as the upcoming F1 Grand Prix in Melbourne, where OKX is an Official Primary Partner of McLaren Formula 1.

By offering AUD deposits, withdrawals, and access to over 500 trading pairs, OKX is catering to a diverse range of traders. The platform is focusing on accessibility and innovation to align with its broader goal of making digital assets more available to Australians.