In the world of digital currency, every important move may cause market shocks. Recently, OKX Exchange officially submitted a virtual asset trading platform license in Hong Kong. This news will undoubtedly bring new trends to the entire digital currency industry. Let us explore this important event together and uncover the mystery of the rise of the future digital currency capital.

From technological innovation to market leadership, OKX Exchange has been committed to building a safe, transparent and efficient trading platform. In this move to formally submit a virtual asset trading platform license, OKX has demonstrated its high attention to regulatory compliance and set a new benchmark for the industry. As an international financial center, Hong Kong has a relatively complete regulatory environment and legal system. OKX's choice to submit a license here will surely take a solid step in compliance operations and user asset security.

The application for a license for a virtual asset trading platform is not an easy task, and the exchange needs to have strict compliance measures and regulatory requirements. As the world's leading digital asset trading platform, OKX's submission of a license application is not only a reflection of its own compliance capabilities, but also a guide and regulation of the entire industry. This move will inject more stability and transparency into the digital currency market and bring more confidence and choices to investors and traders.

With the OKX exchange submitting a virtual asset trading platform license in Hong Kong, the digital currency industry will also usher in new development opportunities. As an important hub for global digital asset trading, Hong Kong will attract more attention from global investors and become the shining pearl of the future digital currency capital. This move by OKX will not only promote the standardization and healthy development of the digital currency industry, but also provide a broader stage for more innovative projects and emerging technologies.

In general, the OKX exchange submitting a virtual asset trading platform license in Hong Kong marks the digital currency industry's move towards a more mature and standardized development stage. This move will surely have a positive impact on the entire industry and promote the further development of the digital currency market. In the future, let us wait and see, witness the rise of the digital currency capital, and jointly create a new era of digital economy!

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120BTC.coM): According to the official website of the Hong Kong Securities and Futures Commission (SFC), OKX's Hong Kong company "OKX Hong Kong FinTech Company Limited" has officially submitted an application for a virtual asset trading platform license on November 16.

According to the information, if the license application is finally approved, the exchange will be able to operate virtual asset trading business in Hong Kong under the name of "OKX".

OKX Global Chief Commercial Officer Jimmy Lai told Hong Kong media Ming Pao: "The platform has always been an advocate of progressive regulation, and I believe that the global digital asset ecosystem will be regulated in the future."

To support OKX's application for a local license, Hong Kong virtual bank ZABank said at the beginning of the month that it had opened an operating account for "OKX Hong Kong" and would provide the exchange with basic commercial banking services to meet its daily banking needs.

OKX initially announced the establishment of a Hong Kong company in March this year and revealed its intention to apply for a virtual asset license.

Since the Hong Kong Virtual Asset Service Provider (VASP) licensing system came into effect in June this year, two local operators, HashKey and OSL, have successively obtained license upgrades and are the only two licensed trading platforms in Hong Kong that are allowed to provide virtual asset trading services to retail investors.

On the other hand, a total of 7 companies are currently applying for virtual asset trading platform licenses in Hong Kong, including OKX and PantherTrade (Hong Kong) Limited, a wholly-owned subsidiary of Chinese brokerage Futu Holdings (FUTU.US).

As for those who had publicly stated to foreign media a few months ago that they had "submitted an application for a virtual asset license in Hong Kong" and "would be issued a license by the end of the year at the earliest", they have not been included in the "applicant list" by the SFC as of press time.