🚀 Big news from OKX Singapore! In a recent interview with CoinDesk, new CEO Gracie Lin shared insights on their journey to secure a Major Payment Institution license from the Monetary Authority of Singapore. The toughest part? Securing a custodian bank! 🏦

Lin highlighted that Singaporean traders are HODLers, preferring to buy-and-hold rather than trade actively. With the help of Singpass, OKX has streamlined the KYC process, making it quicker and more efficient.

Curious about the unique challenges and opportunities in the Singapore crypto market? Drop your thoughts below! 💬 #Crypto #Blockchain #OKX #Singapore