OKX exec says KYC will ‘raise the bar,’ bring real capital into crypto: Blockchain Economy Dubai 2023
Lennix Lai, OKX’s global chief commercial officer, told Cointelegraph that bringing traditional finance investors into the space would require raising compliance standards.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Lennix Lai, OKX’s global chief commercial officer, told Cointelegraph that bringing traditional finance investors into the space would require raising compliance standards.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Sam Altman-backed bitcoin life insurer Meanwhile raises $37.5 million round led by Bain Capital Crypto
Meanwhile raised $37.5M from existing investors, bringing the Sam Altman-backed bitcoin life insurer's total funding above $180 mi...
Bitcoin Life Insurer Meanwhile Raises $37.5M as Wealthy Families Look to Pass On Their BTC
Bitcoin Magazine Bitcoin Life Insurer Meanwhile Raises $37.5M as Wealthy Families Look to Pass On Their BTC Meanwhile, the first l...
Bain Capital Leads $37.5M Investment in Bitcoin Life Insurance Firm
Bitcoin-denominated life insurer Meanwhile raised $37.5 million in new funding led by Bain Capital Crypto, bringing its total capi...
Circle Brings USDC and EURC Into SAP Workflows Powering 84% of Global Commerce
Key Takeaways: Circle and Tereina are introducing USDC and EURC to the SAP payment flow. USDC will process eligible dollars while...
Samsung Wallet Brings USDC to 82M Galaxy Devices With Coinbase, Solana and Sui Support
Key Takeaways: Samsung Wallet will support 82 million U.S. Galaxy to add transfers on USDC. Coinbase will keep USDC in their Coinb...
Ripple Custody Adds Canton Network Support, Bringing CC and CIP-56 Into One Vault
Key Takeaways: Ripple Custody 1.43 adds support for Canton Network, CC and CIP-56 tokens. Institutions can be given the same custo...