[Valetta, Malta, Dec. 16, 2025] OKX, a leading cryptocurrency exchange and global on-chain technology company, today announced the launch of Spot Margin trading for customers in Europe, expanding its suite of advanced trading tools across the region.
The new offering extends capabilities already available on OKX’s global platform, including up to 10× leverage for spot margin, and cross-margin mode which allows your full portfolio to be considered as collateral, while ensuring adherence to regional regulatory requirements. With this launch, OKX is making margin products accessible to European customers while emphasizing a transparent, risk-managed framework supported by the company’s established global risk controls and Proof-of-Reserves verification system.
With Spot Margin trading, European customers gain access to OKX’s familiar and battle-tested margin system equipped with comprehensive risk controls, transparent asset verification, and real-time monitoring. As part of this rollout, BTC and ETH margin trading pairs will be available against USDC with up to 10× leverage for both long and short positions, executed through an independent unified USD EEA orderbook. This structure ensures full compliance with regional requirements while maintaining the liquidity depth, speed, and overall performance customers expect from OKX.
Spot Margin on OKX Europe enables customers to:
Access up to 10× leverage on supported trading pairs
Deploy hedging strategies using long and short positions
Learn and manage risk through transparent Loan-to-Value (LTV) parameters and automated liquidation education tools
“Europe is a tier-1 region for OKX, and today’s launch reflects our commitment to offering secure, transparent, and responsibly designed trading tools to European customers,” said Erald Ghoos, CEO of OKX Europe.
“By bringing Spot Margin to OKX Europe, we are giving customers access to the same high-quality infrastructure trusted globally, while meeting the expectations of both regulators and our community.”
About OKX
Trusted by more than 100 million customers around the globe, OKX is a technology company building a decentralized future that makes the world more tradable, transparent and connected. We’re known for being one of the fastest and most reliable crypto apps in the world, and have processed trillions of dollars in transactions.
We have key regional offices, including headquarters in San José, California, for the Americas and in Dubai for the Middle East. We also have offices in São Paulo, New York, Hong Kong, Singapore, the Republic of Türkiye, Australia and Europe. Over the past several years, we’ve built one of the world’s most comprehensive regulatory compliant, licensed crypto companies. We hold licenses in the United States, the UAE, EEA, Singapore and Australia, as well as in other markets.
We’re steadfastly committed to transparency and security and publish Proof of Reserves reports on a monthly basis. To learn more about OKX, download our app or visit:okx.com.
Global cryptocurrency exchange ZOOMEX today announced the launch of its flagship year-end event, the “Fair Play Cup” Trading Competition. Featuring a total prize pool of up to $100,000, the competition serves not only as a global arena for traders to compete, but also as a concrete demonstration of ZOOMEX’s long-standing commitment to the core principles of fairness, transparency, and integrity.
According to ZOOMEX, the Fair Play Cup is designed to provide a level, transparent trading environment where all participants compete on equal footing—allowing traders to focus purely on strategy, skill, and performance.
Event Highlights and Reward Structure
The Fair Play Cup will run from December 15 to December 31, 2025 (10:00 UTC). Its reward mechanism is designed to benefit a broad range of participants:
Prize Pool Scale:
The competition begins with a 50,000 USDT prize pool, which will expand based on participation, with a maximum cap of $100,000.
Rankings and Coverage:
The champion will earn up to $12,000 in rewards. Notably, rewards extend to the Top 100 traders, with prizes starting from $250, ensuring wider recognition of strong trading performance.
Trader Subsidies and New User Incentives:
To help traders manage risk while refining strategies, ZOOMEX offers a $300 trading subsidy for participants who reach $50,000 in trading volume and incur net losses exceeding $300.
In addition, newly registered users can enjoy a 100% deposit cashback of up to $1,000, lowering the entry barrier for first-time participants.
The Philosophy Behind the Event: A Long-Term Commitment to Fairness
ZOOMEX stated that the name “Fair Play Cup” reflects the platform’s fundamental belief that a truly competitive market must be built on fairness and equal opportunity. The event is rooted in a set of long-term principles and operational practices:
Profit Usability and Value Ownership:
ZOOMEX emphasizes that profits earned—whether during competitions or regular trading—are fully usable and freely accessible. This principle of “value ownership” is considered central to protecting user interests and strengthening confidence in capital control.
Transparency as a System, Not a Slogan:
Fairness and transparency at ZOOMEX are embedded into its operational framework. From reserve transparency and publicly verifiable fund data to traceable security and compliance disclosures, the platform aims to build trust through verifiable mechanisms rather than marketing claims.
Security and Compliance: The Foundation of a Fair Trading Environment
To support a truly fair and reliable trading ecosystem, ZOOMEX highlighted its ongoing investments in security and regulatory compliance:
Advanced Security Infrastructure:
User assets are protected through multi-signature authorization, hot and cold wallet segregation, least-privilege access controls, and multi-layer authentication systems.
Global Compliance Standards:
ZOOMEX operates in accordance with international regulatory requirements and holds multiple registrations, including AUSTRAC and MSB licenses, among others.
Independent Third-Party Audits:
The platform has undergone security audits conducted by leading firms such as Hacken, reinforcing the credibility and robustness of its systems.
ZOOMEX invites traders worldwide to take part in the Fair Play Cup Trading Competition, compete for top honors, and experience firsthand the secure, transparent, and fair trading environment the platform is committed to delivering.
Founded in 2021, Zoomex is a global cryptocurrency trading platform with over 3 million users across 35+ countries and regions, offering 600+ trading pairs. With the core values of “Simple × User-Friendly × Fast,” the platform is committed to delivering high-performance, low-barrier trading experiences. By optimizing the matching engine and user interaction processes, Zoomex supports millisecond-level order execution and enhances usability through a minimalist interface.
As the official partner of the Haas F1 team, Zoomex demonstrates speed, precision, and cutting-edge technology both on the track and in trading. Zoomex is also proud to announce a global exclusive brand ambassador partnership with world-class goalkeeper Emiliano Martínez, further strengthening brand image and user trust through his professional spirit and global influence.
The platform also prioritizes security and compliance, holding regulatory licenses including Canada MSB, US MSB, US NFA, and Australia AUSTRAC, and has undergone audits by blockchain security firm Hacken. With flexible identity verification and a free trading system, Zoomex is building a faster, safer, and more accessible trading environment for users worldwide.
Bishkek, Kyrgyz Republic, December 16, 2025 — An independent audit has formally verified the physical gold reserves backing USDKG, the gold-backed stablecoin introduced under the regulatory framework of the Kyrgyz Republic. The review confirms that the full reserve quantity, chain of custody, and valuation align with the issuance of the first 50 million USDKG tokens, reinforcing the stablecoin’s position as one of the most transparent commodity-backed digital assets in the market.
The audit was conducted by Kreston Global, a major international accounting network. Their review followed ISRS 4400, Agreed-Upon Procedures Engagements, and included physical inspection, documentation checks, valuation analysis, contractual verification, and on-chain wallet control testing. The auditors confirmed the presence of 30 gold bars, totaling approximately 376 kilograms, all sealed, stamped, and stored in a secure vault operated by a licensed private reserve manager.
According to the report, the gold reserves were valued at 50.3 million U.S. dollars based on LBMA pricing as of November 28, 2025. At the time of the audit, the value of the reserves exceeded the quantity of USDKG in circulation. This establishes a higher standard of collateralization than typically seen in asset-backed stablecoins, where real-time physical reserve audits remain rare.
The audit also tracked the complete transfer path of the gold reserves. Kreston reviewed documentation confirming movement from the Ministry of Finance to the private reserve management entity and then to the secure banking facility. Serial numbers, weight certificates, purity details, acceptance acts, and storage contracts were all examined for consistency, while the 15 sealed boxes containing the bars were checked against the official packing lists.
In addition to the physical reserve inspection, Kreston verified control of the official Ethereum and Tron smart contract wallets used for USDKG issuance. The auditors requested on-chain transactions to confirm active control, further reinforcing the project’s transparency claims and bridging the link between token supply and verified reserves.
The publication of the audit addresses several of the most common concerns surrounding gold-backed digital assets.
Some observers view gold as outdated or disconnected from modern financial infrastructure. However, the presence of physically inspected and independently confirmed bullion provides a form of collateral that is transparent, measurable, and insulated from commercial bank exposure. This stands in contrast to weaknesses frequently highlighted in fiat-backed models, where reserve visibility can be limited.
The audit findings also help clarify the project’s strategic intent. USDKG is denominated in U.S. dollars and built for global interoperability, which positions it as a predictable and compliant asset rather than a participant in currency rivalry. While the stablecoin is supervised within the Kyrgyz Republic’s regulatory framework, its purpose is economic efficiency and transparent value transfer, not geopolitical signaling. This distinction matters as governments and institutions increasingly evaluate how asset-backed stablecoins fit into international financial systems.
The project’s operating structure further supports this positioning. USDKG is supervised by the Ministry of Finance but operated independently by a licensed private entity. This design provides state-level oversight without political influence in operational decisions and helps align the project with international best practices.
The findings arrive during a period of broader market interest in commodity-backed stablecoins. Tether recently became one of the largest private holders of gold, signaling a shifting preference among institutions and crypto market participants toward reserves backed by real, verifiable assets. USDKG joins this emerging category with a level of transparency that includes both fully public smart contracts and now a detailed third-party audit of physical holdings.
The Kyrgyz Republic has spent the past several years establishing a clear legal structure for virtual assets, including licensing for miners, exchanges, token issuers, and custodial service providers. USDKG reflects the trajectory of these policies by pairing innovation with regulatory discipline. The audit strengthens credibility with exchanges, institutional partners, and regulators evaluating gold-backed digital assets and offers a reference point for how emerging markets can build responsible, asset-backed financial instruments with documented reserves. With the audit now published on USDKG’s official website, they are taking a significant step toward establishing trust in a category where transparency often falls short. The combination of verifiable physical collateral, visible on-chain data, and adherence to international reporting standards gives the stablecoin a framework designed for long-term reliability and global interoperability.
[Panama City, Dec. 16, 2025] –BingX, a leading cryptocurrency exchange and Web3 AI company, has reached a major milestone by surpassing 40 million global users. This achievement marks an extraordinary 100% year-over-year growth, cementing BingX’s position as one of the fastest-growing platforms in the industry.
Pioneering Innovation in the Crypto Space
BingX is at the forefront of innovation in the crypto space. The exchange launched a groundbreaking $300 million commitment to AI, making a strong push into an AI-native crypto exchange. This bold move has attracted over 3 million early users who are trading with BingX AI Bingo and BingX AI Master, which provide advanced insights and enhance decision-making.
In addition, BingX has introduced a CeDeFi approach with the launch of BingX Chainspot, a centralized exchange system with decentralized transparency, marking a first in the industry. This hybrid model blends the strengths of centralized exchanges with the security and transparency of decentralized finance (DeFi), offering users enhanced flexibility and trust in their trading environment.
Early Access to the Market and Offerings
BingX has further enhanced its trading offerings with improvements across both spot and futures trading:
Futures trading: BingX ranked among the top 5 global derivatives platforms, offering 24/7 global support and powerful trading features. Key upgrades include a Separate Isolated Margin Mode for more flexible futures trading and integration with TradingView for advanced charting and strategy execution. Additionally, BingX continues to innovate by becoming one of the first exchanges to offer WLFI pre-market futures trading and RWA Index Perpetuals.
Spot trading: The platform has launched a one-stop Spot Listing hub and Listing FastTrack, a faster pathway for innovative projects to be listed. In addition, BingX introduced the Shards Program, an new rewards system that offers users access to exclusive airdrops, trading fee discounts, and VIP privileges, enhancing their engagement with the platform. With over 1,100 trading pairs and integrations with 170 public chain ecosystems, BingX is at the forefront of new token listings, including early access to Monad (MON), Pump.fun XPool, and ZORA.
Copy Trading 2.0: As a pioneer in crypto copy trading, BingX’s community has grown to 400,000 traders with a cumulative trading volume of $580 million, and cumulative trading orders of 1.3 billion. The new Copy Trading 2.0 introduced a revamped interface, optimized workflows, and advanced customization features that empower traders by making trading simpler and more user-centric.
Uncompromising Commitment to Security
BingX has always prioritized user security and transparency. The platform has consistently provided publicly accessible, verifiable 100% Proof of Reserves since 2022, reinforcing its commitment to accountability. To further protect users, BingX launched a $150 million Shield Fund and has achieved ISO 27001 certification, meeting the highest security standards in the industry. In addition, BingX has attained PCI DSS v4.0.1 certification for its fiat business, ensuring robust safeguards for both user data and financial transactions.
User-centric Enhancements for the Community
BingX’s dedication to its users is exemplified through a series of new community-driven initiatives designed to enhance the trading experience.
VIP Program: The revamped VIP program now offers zero-fee trading and exclusive concierge services, further elevating the platform’s appeal to high-volume traders.
BingX Academy 2.0 Upgrades: A major overhaul of BingX Academy has brought a more intuitive interface, expanded resources, and interactive learning tools, helping users navigate the complexities of digital assets with ease.
Strategic Investments in the Future of Web3
BingX has shown continued dedication to the evolution of the Web3 space, with BingX Labs investing $16 million in promising Web3 projects. This commitment underscores BingX’s role as a driving force in the future of decentralized technologies. Additionally, BingX is nurturing the next generation of crypto leaders through its TalentX program, empowering young talent to explore career opportunities within the digital asset industry.
Beyond innovation and trading, BingX has maintained its corporate social responsibility efforts, making impactful donations globally, including a donation of $200,000 USD to the “One Light, Thousands of Hearts” initiative in Vietnam, and a donation of HKD $5 million to the Support Fund for Wang Fuk Court in Tai Po, Hong Kong, following a tragic fire disaster.
“Reaching 40 million users is more than just a number,” said Vivien Lin, Chief Product Officer of BingX.
“It represents the recognition we have received from our users, partners, and the broader crypto community. Every milestone reflects our unwavering commitment to innovation, security, and putting our users first, and it motivates us to continue doing more for our users. We always take a step further, and that is the spirit we hope to demonstrate in our Beyond the Alpha campaign.”
To celebrate this significant achievement, BingX is launching its “Beyond the Alpha” campaign, a celebration of its commitment to engaging with users in innovative and meaningful ways. Running from Dec. 15 to Dec. 26, 2025, the campaign invites users to participate in a lucky draw for a chance to win guaranteed prizes, including a limited-edition BingX Field Barista Kit, trading vouchers, and more. Users can earn additional entries by completing daily tasks such as trading, depositing, and referring to new users.
BingX will also release a first-ever branded music video, showcasing the key achievements and reinforcing its dedication to delivering secure, user-friendly, and responsive products and services.
About BingX
Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 40 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.
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