- OKX’s Singapore entity secures a full Major Payment Institution (MPI) license.
- OKX appoints Gracie Lin, a former MAS official, as CEO to drive the company’s expansion in Singapore.
OKX, a global cryptocurrency spot, and derivatives exchange which is now fully licensed in Singapore, hires former Monetary Authority of Singapore (MAS) officials as local CEO.
OKX’s Singapore entity OKX SG received the full Major Payment Institution (MPI) license from the Monetary Authority of Singapore. This allows them to offer digital payment tokens and cross-border money transfer services.
The exchange on its official post stated,
“To lead our charter in Singapore as a key global digital asset hub, we’ve appointed Gracie Lin as CEO of OKX SG.”
In addition, Lin previously held positions at the 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 in GIC from 2017 to 2018. Lin has worked in Grab for 5 years. She has pursued a bachelor’s degree at the University of Chicago and a Master’s Degree at Yale University.
Hong, President of OKX stated that over the last ten years, the exchange has been focusing on building a better future through responsible innovations. “We are grateful for achieving these milestones in Singapore as a team”, she says.
OKX Announced Listings 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, which has over 300 million players. This listing is to bring greater visibility to its ecosystem. It will also provide more liquidity for the token.
The listing comes as part of OKX’s ongoing efforts to expand its portfolio and provide traders with access to a diverse range of digital assets. HMSTR, a token gaining attention for its unique features and growing community, will be available in several trading pairs.
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