{"id":58409,"date":"2023-09-04T09:20:54","date_gmt":"2023-09-04T13:20:54","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=58409"},"modified":"2023-09-04T09:21:44","modified_gmt":"2023-09-04T13:21:44","slug":"okx-approaches-the-last-licensing-phase-in-hong-kong-for-2024","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/okx-approaches-the-last-licensing-phase-in-hong-kong-for-2024\/","title":{"rendered":"OKX Approaches the Last Licensing Phase in Hong Kong for 2024"},"content":{"rendered":"\n

Jimmy Lai, the Commercial Director of OKX Global, revealed that the OKX Group<\/a> is in the final phases of applying for a license in Hong Kong, with official approval anticipated between March and June of the following year.<\/p>\n\n\n\n

\"OKX<\/figure>\n\n\n\n

This notable advancement\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> in cryptocurrency exchange represents a crucial stride in expanding their regional activities.<\/p>\n\n\n\n

OKX Group's decision to acquire a license in Hong Kong is viewed as a strategic endeavor to strengthen its presence and cater to the burgeoning interest in cryptocurrencies among retail investors.<\/p>\n\n\n\n

Lai, expressing optimism, envisions that issuing this license will facilitate an influx of approximately 100,000 to 200,000 retail investors in Hong Kong<\/a>, further propelling the cryptocurrency market's momentum.<\/p>\n\n\n\n

\"OKX<\/figure>\n\n\n\n

Nevertheless, experts in the industry, such as Li Zhikai, advise against anticipating a surge in licensed securities firms in Hong Kong in the upcoming year. <\/p>\n\n\n\n

Zhikai, closely monitoring regulatory developments, foresees a cautious approach by the China Securities Regulatory Commission. <\/p>\n\n\n\n

He expects the regulatory body to impose rigorous criteria on prospective license applicants to ensure the stability and security of the cryptocurrency market<\/a>.<\/p>\n\n\n\n

Zhikai's viewpoint underscores the regulatory authorities' preference for vigilant oversight of the performance and compliance standards adherence by the initial license holders before contemplating any significant expansion. <\/p>\n\n\n\n

This cautious approach also safeguards investors' interests and preserves the integrity of the burgeoning cryptocurrency ecosystem in Hong Kong.<\/p>\n","protected":false},"excerpt":{"rendered":"

Jimmy Lai, the Commercial Director of OKX Global, revealed that the OKX Group is in the final phases of applying for a license in Hong Kong, with official approval anticipated between March and June of the following year. This notable advancement in cryptocurrency exchange represents a crucial stride in expanding their regional activities. OKX Group’s […]<\/p>\n","protected":false},"author":56,"featured_media":58432,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,21],"tags":[1134,12218,16297,16298],"class_list":["post-58409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies","category-news","tag-hong-kong","tag-okx-2","tag-okx-globals-commercial-director","tag-okx-group"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/okx.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/58409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=58409"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/58409\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/58432"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=58409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=58409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=58409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}