On October 15th, the global exchange and Web3 technology company OKX announced the appointment of Yuri Mushkin as its Global Chief Risk Officer for its Singapore office.
Prior to joining OKX, Yuri served as a partner at McKinsey Investment Office (MIO), a global investment advisory firm managing over $20 billion in assets in public and private capital markets. With over twenty years of experience in capital markets and risk management, covering both traditional and digital assets, he has held executive positions at multinational companies such as Goldman Sachs and McKinsey. During his tenure at OKX, Mushkin will be responsible for leading the company’s global risk strategy and independent enterprise risk management functions, reporting directly to the CEO and the Board.
OKX founder and CEO Star Xu stated:
OKX is committed to responsible development on a global scale. On October 10th, the company announced its official operation and licensing in the United Arab Emirates. With this announcement, the company became the first global cryptocurrency company to provide AED banking services to retail and institutional clients in the UAE.
In September, the company announced that its local entity, OKX SG Pte. Ltd. (OKX SG), had been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS).
In July, OKX designated Malta as its center for the Markets in Crypto-Assets (MiCA), allowing the exchange to offer products and services to over 450 million EU residents in the coming months.
OKX is committed to transparency and publishes its Proof of Reserves (PoR) monthly.
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