Former MAS Regulator to Head Crypto Exchange OKX’s Singapore Unit – Cryptonews

OKX, a popular cryptocurrency exchange, has appointed a former regulator from the Monetary Authority of Singapore (MAS) to lead its Singapore unit. The new head will be responsible for overseeing the operations of OKX in Singapore. This move is seen as a strategic decision by OKX to strengthen its presence in the region and ensure compliance with regulatory guidelines. The former MAS regulator brings a wealth of experience and knowledge in financial regulation, which will be valuable in navigating the complex regulatory landscape of the cryptocurrency industry. This appointment reflects OKX’s commitment to maintaining a high standard of regulatory compliance and building trust with its customers in Singapore.