OKX Appoints Marcus Hughes as Vice President of Government Relations
OKX has appointed Marcus Hughes as vice president and global head of government relations. Hughes brings over 20 years of experience, previously serving as global head of regulatory strategy at Kraken and managing director at Coinbase.
The appointment comes amid increasing global regulation of cryptocurrencies, with over 50 jurisdictions proposing or implementing new regulations in 2024. Key areas of focus include the U.S., particularly following Donald Trump's pro-crypto stance.
Hughes emphasized the importance of balanced regulation for the growth of digital assets and expressed commitment to collaborating with policymakers worldwide to enhance trust and innovation in the sector.