The cryptocurrency exchange OKX continues to expand its operations, securing a full Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS) and appointing Gracie Lin as the CEO of OKX SG.
OKX License in Singapore
The Singapore entity OKX SG has received a full Major Payment Institution (MPI) license from the Monetary Authority of Singapore. This allows the company to offer digital payment tokens and cross-border money transfer services.
Appointment of Gracie Lin
Gracie Lin previously held positions at MAS, Grab, and GIC. According to her LinkedIn page, Lin was at MAS between 2005 and 2015, where she reached the post of deputy director and head of money markets. She then worked as a Vice President of business management at GIC from 2017 to 2018. Lin has worked at Grab for 5 years. She holds a bachelor's degree from the University of Chicago and a master's degree from Yale University.
Listing of HMSTR Token
OKX has announced the listing of the HMSTR token on its exchange, offering users the opportunity to trade this emerging cryptocurrency. Hamster Kombat is a Telegram-based crypto game with over 300 million players. This listing aims to bring greater visibility to its ecosystem and provide more liquidity for the token.
Securing the license and appointing a new CEO solidify OKX's position in Singapore as a significant player in the digital asset market.
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