OKX Secures Full MPI License in Singapore, Expanding Crypto Services Locally

Quick Summary:

OKX Secures Full MPI license Singapore approval marks a significant milestone for the cryptocurrency exchange as it secures a full Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).

This license, which follows the provisional MPI approval obtained in March, is critical for OKX’s strategic expansion in Southeast Asia, a region with growing interest in digital assets and blockchain technology.

In conjunction with securing the full MPI license, OKX has appointed Gracie Lin, a former official at the Monetary Authority of Singapore, as the CEO of its Singapore branch.

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Article Details

Author / Journalist: Ishu Aggarwal

Category: Crypto

Markets: IndiaSingapore

Topics: Latest News OKX Secures Full MPI License

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-02 @ 08:32:03 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 661 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22329249

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