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- Linda Lacewell has been appointed as chief legal officer at OKX.
- She joined OKX’s board in 2024 and has vast regulatory experience.
- Lacewell’s leadership will help OKX navigate global regulatory challenges.
OKX, one of the world’s largest cryptocurrency platforms, has appointed Linda Lacewell as its new Chief Legal Officer (CLO). She takes over from Mauricio Beugelmans, who previously held the role. Lacewell’s appointment strengthens OKX’s regulatory efforts as the company continues to expand into key international markets.
Having years of experience in regulation in the financial space under her belt, Lacewell is a valuable asset to this exchange. As a board member joining OKX in 2024, her advice regarding law and regulation soon proved to be invaluable.
Expanding OKX’s Global Presence
Before coming to OKX, Lacewell served as the superintendent at the New York Department of Financial Services (NYDFS). During her time there, she initiated the modernization of the state’s crypto-licensing framework. She initiated efforts to address cybersecurity threats and improve financial crime investigations.
Her work at NYDFS allowed her to shape policies in one of the largest financial markets in the world. Her deep experience puts Lacewell in a good place to lead OKX’s legal department. As a business that operates in a highly regulated market, this exchange needs leadership with a view to finding a balance between regulation and innovation. Her experience in formulating forward-looking policies puts her in the best position to seize the challenge.
The appointment comes at a critical time for OKX, as the company continues to expand its footprint in key global markets. Over the past year, OKX has secured licensing approvals in multiple jurisdictions. With plans for further growth in regions such as Europe and the UAE, Lacewell’s regulatory expertise will be crucial in ensuring the company’s compliance across borders.
Adapting to Evolving Regulations
Crypto regulations evolve very rapidly and OKX must be ahead in anticipating the changing regulations. Lacewell’s leadership will keep OKX operations aligned with global standards in order to enhance the platform’s ability to evolve with regulations and still be innovative in the crypto space.
With the expansion in the business, models of licensing will be vital in providing security and building trust. Lacewell’s exposure to international financial regulations will be significant in ensuring they get through the nuances. She will maintain OKX’s strong market position through compliance with the best in the market.
This exchange is committed to raising the bar in terms of regulation compliance. With the appointment of Lacewell to the role of CLO, the firm is poised to continue to grow while upholding its commitment to security, compliance, and innovation. Lacewell’s position will be at the heart of OKX’s strategy going forward in a changing environment.
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