OKX (https://www.okx.com) is one of the most popular cryptocurrency trading platforms around the world. The core team of OKX consists of people from world-recognized companies such as Alibaba, Tencent and Huawei. We believe the core principles of Bitcoin, the blockchain, the distributed ledger, and smart contracts can reshape the ways in which people trust each other. This transformation will eliminate barriers to transactions, increase the efficiency of transactions across society, and eventually have a significant impact on the global economy. Because of this, we have foregone handsome salaries elsewhere and devoted ourselves to the blockchain technology revolution. By doing this, we hope to achieve something that may change the world. At the very beginning of its existence, OKX gained millions of US dollars worth of angel investments from VenturesLab, co-founded by the globally recognized Tim Draper who similarly invested in leading companies such as Hotmail, Baidu, and Tesla. In early 2014, We received an investment of 10 million US dollars from China's famous venture capital fund Ceyuan and Longling Capital, owned by the founder of the Hong Kong listed company Meitu (01357.HK).

Most countries do not recognize Bitcoin as currency, instead defining it as virtual good. Nevertheless, many jurisdictions have established regulations or have actively started to support its growth. The overall attitude of regulatory bodies is now changing from a neutral view to a positive one. The United States itself has included Bitcoin into the traditional financial regulatory system, with Bitcoin companies being required to apply for MTLs (Money Transmitting Licenses). The state of New York has introduced BitLicense for the exclusive regulation of Bitcoin. Many European countries have also been adopting positive attitudes towards Bitcoin. Some countries have established regulatory a framework for Bitcoin, with some of these insisting that Bitcoin-involved economic activities should be subject to traditional taxes. The FSA of Japan has officially recognized Bitcoin and digital currency as a legal currency, and has ruled that all digital currency exchanges must register with them. The Russian government issued a ban on Bitcoin in the past, but has revoked it after many other jurisdictions published their regulations. The governor of the Indian central bank Raghuram Rajan said that before we have a consensus on the potential of Bitcoin, we should study it in-depth instead of act too forcibly.