OKX on HK's New Crypto Licensing Regime

The transcript discusses OKX's application for a crypto exchange license in Hong Kong, highlighting the regulatory framework, investment requirements, and expected ROI. It covers the challenges of setting up in Hong Kong, including banking issues, and explores the potential market impact and future outlook for crypto assets. The conversation also touches on the broader implications of the licensing regime, including its expansion to virtual assets and the importance of banking access for the crypto ecosystem.

How does the current regulatory framework impact the operations of crypto exchanges in Hong Kong?

What challenges are faced in establishing banking relationships for crypto trading in Hong Kong?

What is the outlook for crypto assets in the coming months according to the discussion?