The Monetary Authority of Singapore (MAS) has granted OKX SG a Major Payment Institution license, which expands its capabilities to provide digital payment token services and cross-border money transfers.
Singapore's Payment Services Act (PSA) classifies cryptocurrencies as digital payment tokens, allowing companies like OKX to operate within clearly defined regulatory frameworks.
Gracie Lin has been appointed as CEO of OKX SG, leveraging her expertise to enhance the development of new products aimed at Singaporean customers.
Singapore's reputation as a leading crypto hub stems from its comprehensive guidelines for cryptocurrency firms, fostering a secure and innovative environment for digital finance.
Collection
[
|
...
]