OKX has taken a significant step in its global expansion strategy by appointing Linda Lacewell as its new Chief Legal Officer (CLO).
Known for her expertise in regulatory compliance, Lacewell’s addition to the team reflects OKX’s commitment to navigating the complex legal landscape of the crypto industry.
She succeeds Mauricio Beugelmans, reinforcing the exchange’s focus on strengthening its legal framework in regions like Europe and the UAE.
Lacewell, who joined the OKX board in 2024, previously held a prominent role as Superintendent of the New York Department of Financial Services (NYDFS).
During her tenure, she was instrumental in overhauling the state’s crypto licensing procedures and leading initiatives to combat financial crime and enhance cybersecurity. Her experience with regulatory innovation makes her a valuable asset as OKX aims to establish a strong presence in highly regulated markets.
This strategic move comes as OKX continues to broaden its reach. In recent years, the exchange has successfully secured operating licenses in key regions.
Dubai granted OKX a license in 2022, and by late 2024, the company introduced SGD deposit and withdrawal options in Singapore. Early 2025 marked another milestone with the acquisition of a MiCA license, positioning OKX as one of the first exchanges to legally operate across Europe.
Circle’s recent move to file for an IPO has sparked skepticism among industry experts, who are raising questions about the company’s financial health and future prospects.
Tokenized gold is gaining momentum, with its market cap now surpassing $1.2 billion, driven by record-high gold prices and increasing interest in blockchain-based assets.
The crypto market might be on the verge of hitting a local bottom within the next two months, as ongoing uncertainty around US import tariffs keeps investor sentiment low.
Coinbase CEO Brian Armstrong is urging U.S. lawmakers to modernize stablecoin regulations, advocating for consumers’ right to earn interest on their stablecoin holdings.