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We are thrilled to share some exciting news from OKX. We’ve appointed Linda Lacewell as our new Chief Legal Officer to bolster our global regulatory presence and reinforce OKX’s position as a licensing juggernaut. Linda joined OKX as a board member in 2024, and since then, she has played an instrumental role in advising the board and our legal department. Her leadership comes at a pivotal time as we expand into key markets such as Europe and UAE.
Linda brings a wealth of experience that uniquely positions her for this role. As the former Superintendent and head of the New York Department of Financial Services, she oversaw banking, insurance, and financial institutions, modernized New York’s cryptocurrency licensing framework, and even led groundbreaking initiatives in cybersecurity and financial crime investigations. With her at the helm of our legal team, we’re poised to navigate the complexities of the global regulatory landscape with a fresh perspective—one that balances compliance with innovation.
Regulations and licensing are propelling the advancement of crypto, enhancing security and accessibility for millions worldwide. As the industry evolves, these frameworks enable crypto to scale more rapidly, and OKX is well-positioned to drive innovation while upholding the highest standards of security and compliance.
Over the past year, we have been on a licensing streak, securing approvals in multiple key jurisdictions. We’re also exploring opportunities to expand into additional global markets, a move that will require careful adaptation of our products to better serve our customers. Linda’s deep regulatory expertise will be invaluable as we take these next steps, ensuring that we meet and exceed the highest compliance standards worldwide.
As Linda steps into the Chief Legal Officer role, we are also announcing Mauricio Beugelmans' departure from OKX.
More to come on our expansion plans in the coming weeks!
A letter from OKX Founder and CEO Star Xu
As the CEO of OKX, and a builder at heart, I'm proud to reflect on an extraordinary year of growth and progress. Despite challenges, 2024 was a year of focus, innovation, and resilience. We expanded and enhanced our products, made significant strides in bringing to market a transparent and regulatory compliant onshore business, and added weight to our already deep global executive bench. Most notably, 2024 marked a turning point for the industry, serving as crypto's "comeback year" after a period of heightened uncertainty.
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