OKX President Hong: DEX and CEX are complementary and are promoting the development of self-custody

According to PANews on January 23, OKX President Hong said in an interview with CoinDesk that although DEX trading volume has increased 20 times on the OKX platform, DEX and CEX are not in opposition, but complement each other. Hong added that crypto native users need the reliability of CEX while using DEX to capture innovation opportunities. She said that such supply and demand dynamics will drive further adoption of DEX to achieve innovation. At the same time, it supports the gradual maturity of the regulatory framework of the crypto industry.

In addition, when talking about the Trump administration's "Bitcoin as a national strategic reserve plan", Hong said that she still has reservations, but does not rule out the possibility that smaller sovereign states or certain states may take the lead in trying it. The crypto industry is full of variables and everything is possible. Hong further pointed out that if the Trump administration fails to fulfill its crypto promises, it may quickly hit the bull market. In her opinion, the biggest potential risk is still the problem of excessive centralization. The best solution to this is self-custody, a "vaccine" that OKX believes the market is rapidly accepting.

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Author: PA一线

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