The cryptocurrency exchange OKX has announced the appointment of Gracie Lin as the new CEO of its Singapore branch. Simultaneously, OKX received a MAS license to provide services in the region.
Gracie Lin's Appointment
The new CEO, Gracie Lin, previously worked at Grab and the Monetary Authority of Singapore (MAS).
MAS License for OKX SG
On September 2, OKX announced that it received a license allowing it to provide cryptocurrency trading and cross-border money transfer services.
Future Plans
OKX is also keen on expanding into Turkey and has already applied to the country's regulatory authority. The license obtained in Singapore allows the company to expand access to digital assets and support the local community and ecosystem.
The appointment of Gracie Lin and the acquisition of the MAS license reflect OKX's strategic direction to expand its presence in Asia and strengthen its position in the digital asset market.
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