According to official news, OKX announced today that its Singapore subsidiary OKX SG Pte. Ltd. has received in-principle approval from the Monetary Authority of Singapore (MAS) to issue a Large Payment Institution License (MPI).
This important milestone lays the foundation for OKX's development, allowing OKX to provide digital payment tokens and cross-border remittance services in Singapore in accordance with the Payment Services Act 2019 (PS Act), building a series of more powerful and tailored solutions for local users. product and service.
OKX currently provides services to users in Singapore via the web and iOS or Google Play apps.