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Global crypto exchange Okx has secured a license from Singapore’s central bank, the Monetary Authority of Singapore (MAS), allowing it to offer digital payment token services. Gracie Lin, the newly appointed CEO of Okx’s Singapore entity (Okx SG), highlighted the significance of this license and Singapore’s role in the company’s growth strategy. Okx SG aims … Read more
OKX Singapore also announced that it onboarded Gracie Lin, who previously worked at MAS, as its CEO. Go to Source
“Liquidation data from exchanges are bogus and a vast underrepresentation of actual liquidation volumes in the market,” according to K33 Research. Go to Source
As the CMB continues to update the list and companies work to meet regulatory requirements, the Turkish crypto market is poised for significant changes. Go to Source
The Solana whale employed a dollar-cost averaging strategy, gradually selling tokens over time rather than making a single, large transaction. Go to Source
The Ethereum whale deposited 48,500 ETH to a cryptocurrency exchange in just over four weeks, during which Ether’s market cap shed approximately $80 billion. Go to Source
Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are required to apply for permits or proceed with liquidation by specified deadlines, with legal repercussions for noncompliance. Turkey’s Capital Markets … Read more
According to the CEO of the cryptocurrency exchange Okx, users are now barred from account interacting with Tornado Cash and Garantex. In a post on social media, the CEO said any Okx accounts receiving deposits from sanctioned entities, including Garantex and Tornado Cash, will trigger compliance risk control, ultimately leading to account closure. Similarly, any … Read more
OKX has announced the delisting of seven tokens: MSN, OMN, REP, EURT, IGU, PCI, and SLN. Among these, SLN has been hit particularly hard, having lost over 96% of its value since its launch. Notably, some of the delisted tokens, including SLN and MSN, had previously received investment from OKX Ventures before being listed on … Read more
As the crypto industry expands, exchanges like OKX face mounting pressure to strengthen compliance and prevent illicit activities on their platforms. Go to Source
