OKX's Lai on Crypto Latest

The video discusses the current existential crisis in the crypto industry, focusing on the loss of confidence due to issues with major exchanges like FTX. It emphasizes the need for increased transparency among crypto exchanges to regain trust. The video also covers the market's rebound, potential regulatory impacts, and the strategic adjustments needed for global expansion. It concludes with an analysis of the dynamics between major industry players like FTX and Binance.

In what ways are institutional players in the crypto industry responding to recent challenges?

What strategies can be employed to regain investor confidence in the crypto market?