Excuse me, I'm quite curious about OKX's presence in Singapore. I've been hearing a lot about cryptocurrencies lately and OKX seems to be a popular exchange platform. Could you please tell me if OKX operates in Singapore? If so, are there any specific regulations or licenses they need to comply with? Also, how does the Singaporean government view the use of cryptocurrencies and crypto exchanges? Thank you for your time and assistance.
7 answers
DondaejiDelightfulCharmingSmile
Fri May 10 2024
BitGo must complete additional requirements set by the regulator.
CryptoConqueror
Fri May 10 2024
MAS has granted OKX approval for a payment institution license.
KimonoGlitter
Fri May 10 2024
This approval is subject to fulfilling additional regulatory requirements.
Maria
Fri May 10 2024
BitGo, a crypto custody business, has also received in-principle approval from MAS.
CryptoLord
Thu May 09 2024
In Singapore, OKX joins other crypto organizations with payment licenses.