OKX, one of the leading cryptocurrency exchanges, has appointed Gracie Lin as CEO of its Singapore branch. Lin, who has held key positions at the Monetary Authority of Singapore (MAS), Grab and GIC, brings extensive management and financial experience to the role.

The announcement comes as OKX SG, the exchange’s Singapore unit, receives a Major Payment Institution license from MAS. The license enhances OKX’s ability to provide a range of payment services in Singapore, strengthening its position in the region’s rapidly growing cryptocurrency market.

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