Crypto exchange OKX receives in-principle nod for SG payments licence

Crypto exchange OKX receives in-principle nod for SG payments licence

FILE PHOTO: The logo of OKX cryptocurrency exchange is seen at Hong Kong Web3 Festival, in Hong Kong, China April 13, 2023. REUTERS/Tyrone Siu/File Photo

Cryptocurrency exchange OKX’s Singapore subsidiary has received in-principle approval for a payments licence to operate in the city-state, the firm said on Wednesday.