OKX persists in transparency and is one of the earliest companies in the virtual asset industry to release monthly reserve proof reports, thereby verifying the comprehensive support for user assets held by the platform. Users can also independently verify their assets receiving support from OKX reserves using open-source verification tools. Since its launch at the end of 2022, OKX has continuously released 16 months of reserve proof reports and actively promotes the adoption of innovative and constantly improving reporting standards in the industry.
OKX receives provisional approval from Monetary Authority of Singapore (MAS) for major payment institution license (MPI)