OKX Showcases Commitment to the Bahamas at D3 FinTech Festival

NASSAU, BAHAMAS, October 12, 2023 – OKX, a world-leading Web3 technology company, underscored its dedication to the Bahamas as an emerging hub for digital assets during the recent D3 Bahamas FinTech Festival. Through a series of speaking engagements, OKX executives highlighted the country's forward-thinking regulatory environment and support of technology innovation.

Jason stated: "With close to a decade in crypto, OKX is focused on building a trusted, scalable, and accessible platform for the long term. Despite recent industry events, it's essential to highlight all the technological improvements and regulatory progress as the industry works to restore confidence and deliver new use cases for Web3." During a panel on regulation, OKX Chief Global Government Relations Officer Tim Byun noted the Bahamas Securities Commission's goals of supporting innovation while upholding market integrity.

Tim said: "Progress stems from both the private sector and forward-thinking regulatory bodies like the SCB in The Bahamas. Building strong professional relationships is the most effective channel for long-term collaboration between innovators and regulators. Striking the right balance of collaboration and oversight nurtures sound, sustainable growth for the future and facilitates main street adoption.

Ianthe noted: "I believe that the DARE Act is a great example that strikes the optimal balance between compliance and innovation. We're proud to see the Bahamas foster an environment where digital asset companies can grow sustainably while prioritizing consumer protection and anti-money laundering standards."