Cryptocurrency Q&A
Is OKX banned in Singapore?
Is OKX banned in Singapore?
GyeongjuGlorious
Wed May 08 2024
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7 answers
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Could you clarify whether OKX is prohibited in Singapore? Given the volatile nature of the cryptocurrency landscape and the varying regulatory frameworks across different jurisdictions, it's crucial to stay informed about the legality of such platforms in specific regions. Singapore, being a financial hub, often adapts its regulations to ensure market stability and consumer protection. Therefore, it's essential to understand whether OKX complies with the Singaporean regulatory framework or if there are any restrictions that prohibit its operation in the country. Could you provide some insight into this matter? It would greatly assist in navigating the cryptocurrency market in Singapore.
7 answers
CryptoProphet
Fri May 10 2024
OKX attains a significant milestone.
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benjamin_brown_entrepreneur
Fri May 10 2024
It gains authorization to operate in Singapore.
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HanbokGlamourQueenElegance
Fri May 10 2024
The authorization is granted under the Payment Services Act 2019.
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CryptoProphet
Thu May 09 2024
With this, OKX can offer digital payment token services.
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GliderPulse
Thu May 09 2024
It also provides cross-border money transfer services.
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