Texas Banking Commissioner Issues Consent Order Relating to OKX, Inc.

The Texas Banking Commissioner issued a Consent Order to OKX, Inc. on September 11, 2026, finding that the company conducted money transmission in Texas without a license in violation of Texas Finance Code Chapter 152. The Order requires OKX to pay an administrative penalty and desist from further unlicensed money transmission in the state. OKX obtained a Texas money transmission license on the same date and agreed to the Order without admitting violations of state or federal laws or regulations.

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PRESS RELEASE
Date: September 15, 2026
Texas Banking Commissioner Issues Consent Order Relating to OKX, Inc.
Texas Banking Commissioner Charles G. Cooper issued a Consent Order (Order) on September 11, 2026, relating to OKX, Inc. (OKX), San Jose, California. The Order is based on the Commissioner’s finding that OKX violated Texas Finance Code Chapter 152 by conducting money transmission without obtaining a license from the Texas Department of Banking (Department). The Order requires OKX to pay an administrative penalty and desist from conducting further unlicensed money transmission in Texas. OKX obtained a Texas money transmission license on September 11, 2026. It agreed to the issuance of the Order without admitting violation of state or federal laws or regulations. The full text of the Order can be viewed on the Department’s website.