OKX, the second largest offshore crypto exchange, has received in-principle approval from Singapore's financial watchdog, MAS, for a Major Payment Institution (MPI) license. This approval was granted through its local subsidiary, OKX SG, and was reported by multiple sources including TheBlock__, techinasia, WuBlockchain, and Reuters. The approval allows OKX to move closer to offering digital token services in Singapore. OKX's President, @hfangca, highlighted this achievement as a testament to the company's commitment to the Singapore crypto ecosystem.