Crypto exchange OKX launches Singapore dollar funds transfer service for local customers
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 18 2024
0mins
Source: Yahoo Finance
Integration with Traditional Finance: Cryptocurrency exchange OKX is introducing instant Singapore dollar deposits and withdrawals, partnering with DBS Group to enhance its integration with Singapore's financial system amid rising interest in cryptocurrencies.
Regulatory Developments and Market Surge: Following Donald Trump's election victory, there has been a significant surge in cryptocurrency interest, with Bitcoin reaching record highs above $90,000, coinciding with OKX receiving a payments license from the Monetary Authority of Singapore.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
