OKX CMO: Plans to work on three areas including cultivating Web3 communities in India, but will not engage in exchange business

ChainCatcher news, OKX stated in a post that during an interview with Forbes, OKX CMO Haider mentioned that they are strengthening their Web3 business in India. OKX plans to work on three aspects in India:

1. Cultivating the Web3 community in India and providing funding of $25,000 to $75,000 for related projects;
2. Exploring better forms of collaboration with Polygon;
3. Collaborating with developer communities or relevant student groups in India.

However, OKX will not launch cryptocurrency exchange services in India. Haider stated that this is due to local market regulations. Currently, no centralized trading products will be offered in India.