⚡️China's crypto exchange🇨🇳 OKX is about to obtain a payment license in Singapore🇸🇬

⚡️China's crypto exchange🇨🇳 OKX is about to obtain a payment license in Singapore🇸🇬

Singapore's Monetary Authority will allow OKX to provide digital payment tokens and cross-border money transfer services. According to OKX's chairman, Hong Fan, this country represents a "priority market" for the company in Southeast Asia.

🔣 All of this is happening amidst the craze for cryptocurrencies, which has propelled bitcoin to historical highs. Those willing to invest in the US spot market🇺🇸, as well as the prospect of a possible drop in global interest rates, have played a role.

🔣 In general, the Chinese are leading the way: in January, OKX obtained a license from the regulator in Dubai🇦🇪 and can now offer cryptocurrency services to retail customers.

#news #cryptocurrencies #Asia