ChainCatcher news, OKX's Chinese Twitter states that we welcome SFC to further make the current licensing review process for virtual asset trading platforms more transparent and to continue taking a prudent approach in regulation and licensing. Since March, OKX HK has been actively advancing the preparation work for the license application in accordance with relevant laws and guidelines, and currently plans to submit the formal application by the end of October.

ChainCatcher news, according to reports from Huigang Communications, OKX's Global Chief Business Officer, Li Zhikai, stated that the preparation for OKX HK's compliance license application in Hong Kong has entered its final stage, hoping to obtain the license by June next year, and in the following year, it may attract 100,000 to 200,000 retail investors from Hong Kong.Li Zhikai mentioned that he expects the number of brokers receiving licenses next year will not surge, believing that the Securities and Futures Commission will take a conservative stance and have very high requirements for applicants, thinking that the authorities will want to observe the operational situation of the license applicants first.