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Hong Fang

CEO, OKCoin

Search every verified Hong Fang interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Hong Fang, President of OKX, has been a prominent voice on cryptocurrency regulation, trust, and the evolution of digital assets. She has emphasized that regulatory clarity is a "living thing" that will continue to evolve, noting that OKX's approach is to follow the specific guidelines of each jurisdiction and build in accordance with them. Fang stated that the company's philosophy is to be "responsible and have long-term investment" in regulatory compliance, describing it as a personal commitment. She has also discussed the importance of proof-of-reserves, stating that trust "should be earned on a constant basis and trust should be verifiable on a constant basis," and noted that the FTX collapse drove the industry to prioritize such transparency measures. Fang has outlined OKX's strategy of building a "crypto super app" that combines centralized exchange services with a self-custody web3 wallet, noting that the wallet has accumulated more assets under management than the centralized platform. She has expressed a preference for grassroots Bitcoin adoption over a US strategic reserve, arguing that capital gains tax treatment in more markets would incentivize individual holding. Fang has also commented on market trends, stating that stablecoin transaction volume has become comparable to Visa and Mastercard, and that she believes people are "underestimating what Bitcoin will do" as stablecoins drive wider adoption. She has described OKX's MiCA license in Europe as the result of "years of effort" and expressed hope that the company will re-enter the US market this year.

Recent appearances

Notable quotes

“We added the ZK Stark update to basically prove, among other things, that for each customer on our platform every customer has a non-negative asset balance that is being fully reserved.”

“It's really driven, unfortunately, by crisis moments in the industry. The bottom line is about trust — when the FTX thing happened we knew it was important to do a proof of reserve.”

“I think people are underestimating what Bitcoin will do. I really believe that with stable coin getting more widely adopted, people will be surprised how that actually feed into wider adoption of the coin.”

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