OKX President Hong: DEX and CEX are complementary and are promoting the development of self-custody.
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2025-01-23 18:02 3,859
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According to news 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 antagonistic, but complement each other. Hong added that crypto-native users need the reliability of CEX while using DEX to capture innovation opportunities. She said such supply and demand dynamics will drive further adoption of DEX to enable innovation. At the same time, it supports the gradual maturity of the regulatory framework of the encryption industry.
In addition, when talking about the development of the "Bitcoin as a National Strategic Reserve Plan" proposed by the Trump administration, Hong expressed his reservations, but did not rule out that smaller sovereign countries or certain states may take the lead in trying it. The encryption industry is full of Variables, everything is possible. Hong further noted that if the Trump administration fails to deliver on its crypto promises, it could quickly hit the bull market. In her view, the biggest potential risk is still the problem of excessive centralization. The best solution for this is self-hosting - a "vaccine" that OKX believes the market is quickly accepting.