
King Vinox
@kingvinox
113 Following
24 Followers
0 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
OKX, a global cryptocurrency exchange, has received a full Major Payment Institution license in Singapore and appointed Gracie Lin, a former MAS official, as the CEO of its Singapore entity, OKX SG. The license allows OKX SG to offer digital payment token and cross-border money transfer services, including spot crypto trading for Singaporean investors. Gracie Lin, with her experience at MAS, GIC, and Grab, aims to develop crypto products tailored for Singaporean needs. OKX, processing over $67 billion in crypto transactions in August, highlights its significant presence in the global market, contrasting with Binance's $448.45 billion. 0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
Bridge, a web3 payment firm founded by former Coinbase and Square employees, has successfully raised $58 million in funding. The company, backed by notable investors such as Sequoia, Ribbit, Index, and Haun Ventures, is developing a stablecoin-powered platform for money movement. This platform will facilitate various financial services including payouts, cross-border payments, and foreign currency exchanges. Bridge has already established a partnership with Bitso for business-to-business cross-border payments using stablecoins in Latin America. Additionally, Bridge is enhancing its offerings with stablecoin Orchestration and Issuance services, which include APIs for converting between dollar formats and customizing stablecoins for developers. 0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction