OKX hires ex-MAS official as Singapore branch CEO

As an analyst with a keen eye for market trends and regulatory compliance, I find the appointment of Gracie Lin as the CEO of OKX SG highly strategic and forward-thinking. With her extensive background at the Monetary Authority of Singapore (MAS), Grab, and GIC, she brings a wealth of experience in both the traditional financial sector and the burgeoning digital asset space.


The digital currency trading platform OKX has chosen Gracie Lin, a previous government representative from the Monetary Authority of Singapore, to serve as the CEO of their Singapore office.

As a researcher, I’m excited to share that I’ve recently learned about my organization, OKX cryptocurrency exchange, making significant strides. Specifically, we’ve appointed Gracie Lin as the head of our Singapore branch, OKX SG. Moreover, our trading platform has successfully obtained a substantial payment institution license, enabling us to extend our services in this region. This expansion is an exciting step forward for our team and the crypto community in Singapore and beyond.

In a press statement on September 2nd, OKX announced that they have received a license allowing them to provide crypto trading and cross-border money transfer services. This includes spot trading of cryptocurrencies for customers in Singapore. As CEO, Lin will manage the company’s strategic plans, focusing on creating digital payment token products and services tailored to the needs of customers based in Singapore.

“I’m thrilled to be contributing to a team that’s growing OKX’s presence in Singapore, which stands as a premier global marketplace for digital assets.”

Gracie Lin, OKX CEO

Previously, Lin served as a member of the executive team at Grab, a prominent tech firm based in Singapore, where she oversaw the regional strategy and economics department. Prior to this role, she accumulated diverse experiences working for the Monetary Authority of Singapore (MAS) and the government’s investment arm, GIC.

Concerning the MPI license, Lin emphasized that OKX is more dedicated than ever towards increasing access to digital assets and supporting local communities and ecosystems. The goals of OKX reach beyond Singapore; in early August, the cryptocurrency exchange submitted an application to be listed with Turkey’s Capital Markets Board, demonstrating a desire to offer services within the Turkish market as well.

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2024-09-02 10:26