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

Odaily Planet Daily News 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 dynamics of the Trump administration's "Bitcoin as a National Strategic Reserve Plan", Hong said that he still has reservations, but does not rule out that smaller sovereign states or certain states may take the lead in trying. The crypto industry is full of variables and everything is possible. Hong further pointed out that if the Trump administration fails to deliver on its crypto promises, it may quickly hit the bull market. In her view, the biggest potential risk is still the problem of excessive centralization. For this, the best solution is self-custody - a "vaccine" that OKX believes the market is rapidly accepting.