In the past, OK had a compliance office that used the old domain OKCoin. Before it was cleared, it was often used to withdraw funds. Now, it can also be directly withdrawn from the offshore office OKX. But there are still two issues: one ️⃣ Compliance means that financial institutions operate legally in the local area, not that banks' risk control measures do not harm you. It's completely different two ️⃣ Dongda users mostly use Hong Kong cards, ID cards, and TIN. If you avoid taxes, you will be investigated by CRS From this perspective, it is actually quite reasonable for OKX to strengthen risk control recently. After all, if USDC and USD are directly exchanged, it is necessary to ensure that the funds in the exchange are clean, which is precisely the opportunity to continue improving the compliance work before listing. For Circle, the most important things are to achieve user growth and enhance liquidity. Exchanges not only have users, but also huge traffic. Actually, this explains why Circle chose OK over others - OK's other two core businesses are wallet and payment. After all, if we really want to improve the applicability of USDC, both of these are real use cases. Whoever is closer to reality will inevitably attract more users. So the original announcement emphasized at the end that Circle will build and integrate on OKX's wallet and payment applications (Web3 wallet and payments applications).