Is OKX regulated in Hong Kong?|and its license application is under review by the SFC.OKX HK is not currently a SFC-licensed virtual asset trading platform (VATP)
Could you please elaborate on the regulatory status of OKX in Hong Kong? I understand that its licence application is currently being reviewed by the Securities and Futures Commission (SFC), but it's not yet a licensed virtual asset trading platform (VATP) in Hong Kong. Is there any progress on this application? What are the potential implications for OKX's operations in Hong Kong if the licence is approved or denied? Additionally, how does OKX ensure compliance with Hong Kong's financial regulations while awaiting the outcome of its licence application?