OKX Secures MPI License in Singapore, Appoints Gracie Lin as CEO

Sep 2, 2024, 08:41 AM

OKX, a leading cryptocurrency exchange, has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license allows OKX to offer digital payment token services and cross-border money transfer services in Singapore. Gracie Lin, a former official at MAS, GIC, and Grab, has been appointed as the CEO of OKX's Singapore operations. This strategic move is part of OKX's efforts to expand its presence in the region and cater to the growing demand for crypto services.