Star: In 2024, OKX launched localization services in seven regions around the world and received four important licenses and business authorizations
On December 31st, according to official news, on the occasion of saying goodbye to the old and welcoming the new in 2024, OKX CEO Star released an open letter entitled "Salute to another year of hard work". In the letter, he mentioned that in 2024, OKX has made important progress in the development of the global market, and has launched localized business in seven regions: Brazil, Singapore, the United Arab Emirates, Turkey, the Netherlands, Belgium and Australia. In these key markets, OKX has formed local teams to focus on market growth and introduced a seamless fiat deposit channel to make it easier for customers to access the product. In addition, OKX has obtained four important licenses and business authorizations in Singapore, the United Arab Emirates, the European Economic Area (EEA), and Australia, demonstrating its commitment to building a localized business.
Star said that through this strategic expansion, OKX has seen a significant increase in its asset size (AOP) in these home markets. These results reflect both the trust users place in OKX and OKX's ability to continue to expand its services in regulated markets. They also demonstrate OKX's determination to work closely with regulators and policymakers.