OKX President Hong: DEX and CEX are complementary and are promoting the development of self-hosting
On January 23rd, OKX President Hong said in an interview with CoinDesk that although DEX transaction volume has increased by 20 times on the OKX platform, DEX and CEX are not antagonistic, but complementary. Hong added that crypto native users need the reliability of CEX, while leveraging DEX to capture innovation opportunities. She said that such supply and demand dynamics will drive further adoption of DEX to enable innovation. At the same time support the gradual maturation of the regulatory framework for the crypto industry.
In addition, when it comes to the Trump administration's proposal to "use bitcoin as a national strategic reserve plan", Hong said that he still has reservations, but does not rule out that smaller sovereigns or some states may take the lead. The crypto industry is full of variables and anything is possible. Hong further pointed out that if the Trump administration fails to deliver on its crypto promises, it could quickly hit the bull market. In her opinion, the biggest latent risk is still the problem of excessive centralization. The best solution to this is self-custody - a "vaccine" that OKX believes the market is quickly accepting.