Former New York Governor Andrew Cuomo has joined the board of cryptocurrency exchange OKX as part of the company's efforts to expand its regulated business in the United States. The appointment was announced by OKX founder and CEO Star Xu, who credited Cuomo with providing regulatory and policy guidance during the exchange's growth.
Cuomo began advising OKX in 2023, including during the exchange's response to a federal investigation into its U.S. operations. He has described his work on the OKXICE joint venture with Intercontinental Exchange (ICE) as a financial technology and market-infrastructure initiative rather than a conventional cryptocurrency venture.
OKX pleaded guilty in February 2025 to operating an unlicensed money-transmitting business and agreed to pay more than $500 million in penalties and forfeited fees. The exchange subsequently reentered the U.S. market with a centralized trading platform, crypto wallet, and regional headquarters in San Jose, California.