OKX Fully Licensed in Singapore; Gracie Lin Appointed CEO

Sep 2, 2024, 02:24 AM

OKX, a prominent cryptocurrency exchange, is now fully licensed in Singapore after securing a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), allowing it to offer digital payment tokens and cross-border money transfer services. The exchange has appointed Gracie Lin, a former official from MAS, as the CEO of its Singapore operations. This move marks a significant step for OKX in expanding its presence in Singapore, a key financial hub, and tailoring its crypto services for the local market.