OKX Explores Indian Market, Focusing on Web3 Growth

OKX Expanding into India, Focusing on Web3 and Local Talent

Cryptocurrency exchange OKX is set to enter the Indian market, aiming to expand its Web3 applications by hiring local employees and engaging with the developer community. OKX's CMO, Haider Rafique, revealed plans to scale up wallet services and connect with India's growing Web3 user base. Although not establishing an office in India, OKX will rely on local experts to lead operations. The company recently collaborated with Neo for an APAC Hackathon in Bengaluru to understand the local culture and support the Web3 ecosystem. India lacks clear crypto regulations but recently, the Supreme Court urged the government to address this issue.