OKX gets in-principle license approval in Singapore
Cryptocurrency exchange OKX announced today that its Singapore subsidiary has received in-principle approval for a Major Payment Institution license from the Monetary Authority of Singapore. “Singapore is a priority market and we've been investing here for some time,” said Hong Fang, president of OKX, in a press release. “The in-principle approval from MAS is not only a validation of our commitment to date, but also an exciting opportunity for us to continue as a responsible contributor to the Singapore crypto ecosystem.”
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