Crypto Exchange OKX Singapore Payment License Approved

Crypto exchange OKX has obtained in-principle approval from Singapores financial regulator for a Major Payment Institution (MPI) license through its local subsidiary, OKX SG. Approval from the Monetary Authority of Singapore In an official announcement provided to Cointelegraph, OKX confirmed the receipt of in-principle approval for the MPI license. The MPI license is issued by the Monetary Authority of Singapore (MAS), the countrys primary financial regulatory body. Upon receiving the full license from MAS, OKX will be authorized to offer digital payment token services and conduct...


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