OKX Sets Up Hong Kong Entity to Apply for Local Exchange License

Crypto exchange operator OKX will apply for Hong Kong’s Virtual Asset Service Provider license under the city’s new regulatory regime that could allow retail trading starting June, executives said during a press briefing Tuesday.

• Company will also apply for Type 1 (dealing in securities) and Type 7 (Providing automated trading services) license under the authority of the city’s securities regulator: OKX execs

--With assistance from Zheping Huang and Sarah Zheng.

To contact the reporter on this story:
Jane Zhang in Hong Kong at hzhang901@bloomberg.net

To contact the editors responsible for this story:
Edwin Chan at echan273@bloomberg.net

Ville Heiskanen

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