According to CoinMeta, the founder of OKX and also CEO Star stated in Singapore that the impact of AI on the financial industry is extending from the user side to back-office operations such as compliance and risk management. AI has been used to assist in identifying risks, investigating suspicious transactions and behaviors, and providing handling recommendations in order to improve processing efficiency and consistency in execution. However, AI does not make direct decisions regarding compliance or risk management; the final decisions are still made manually. OKX, who is also a director and former governor of New York State, Andrew Cuomo, added that for fintech companies to expand their services to a wider range of users, clear regulatory rules and compliant operations are fundamental to building public trust. Cuomo officially joined the board of OKX in July of this year.