According to official news, on the occasion of bidding farewell to the old and welcoming the new in 2024, OKX CEO Star issued an open letter titled "Salute to Another Year of Forging ahead." He mentioned in the letter that in 2024, OKX has made important progress in developing the global market and has launched localized operations in seven regions: Brazil, Singapore, the United Arab Emirates, Turkey, the Netherlands, Belgium and Australia. In these key markets, OKX has established local teams to focus on market growth and introduced seamless fiat deposits to provide customers with more convenient access to products. In addition, OKX has also 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, it has seen significant growth in OKX’s asset size (AOP) in these local markets. These results not only reflect users’ trust in OKX, but also demonstrate OKX’s continued expansion of services in regulated markets. capabilities, while demonstrating OKX’s determination to work closely with regulators and policymakers.