OKX has appointed Marcus Hughes as its new vice president and global head of government relations. Hughes brings over two decades of experience in regulated businesses, having recently served as the global head of regulatory strategy at Kraken and previously as managing director for Europe and international general counsel at Coinbase. He also holds a position as a venture partner with Sentinel Global, a U.S. venture capital fund. The hiring comes amidst a rapidly evolving regulatory landscape for cryptocurrency, with over 50 jurisdictions proposing or enacting new regulations in 2024 alone. Hughes emphasized the necessity of clear and balanced regulations to foster innovation and build trust in digital assets, particularly in key markets like the U.S. As a major player in this space, OKX aims to navigate complex regulations while advancing its compliance-first culture and global vision.

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