OKX has been granted a full payment agency license by MAS in Singapore, and a former MAS official has been appointed CEO of its Singapore entity.
2024-09-02 03:19:50
OKX announced that its Singaporean entity, OKX SG, has been granted a full major payments institution license by the Monetary Authority of Singapore and appointed Gracie Lin, a former MAS officer, as CEO of the regional unit. The license grants OKX the right to provide digital payment tokens and cross-border money transfer services in Singapore, including spot cryptocurrency trading for Singapore investors.
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