OKX bags Singapore crypto license
OKX Singapore also announced that it onboarded Gracie Lin, who previously worked at MAS, as its CEO.
Crypto exchange OKX secured a full license in Singapore, allowing it to facilitate crypto trading and cross-border transfers. The company simultaneously announced that it had also onboarded a former regulator as the CEO of its arm, OKX Singapore.
On Sept. 2, the exchange announced that the Monetary Authority of Singapore (MAS) issued its Major Payment Institution (MPI) license, allowing it to offer cross-border money transfer services and digital payment tokens.
Major payment institution license benefits in Singapore. Source: MAS
OKX Singapore also announced that it onboarded Gracie Lin, who previously worked at MAS, as its CEO.
Crypto exchange OKX secured a full license in Singapore, allowing it to facilitate crypto trading and cross-border transfers. The company simultaneously announced that it had also onboarded a former regulator as the CEO of its arm, OKX Singapore. On Sept. 2, the exchange announced that the Monetary Authority of Singapore (MAS) issued its Major Payment Institution (MPI) license, allowing it to offer cross-border money transfer services and digital payment tokens. Major payment institution license benefits in Singapore. Source: MASRead more