What crypto exchanges are watching in 2026, according to OKX’s Rafique

Crypto exchanges are preparing their 2026 playbooks around licenses, stablecoins and tokenized assets, and OKX’s Haider Rafique argues that a tamer, macro‑driven Bitcoin is the backbone of that shift.

The cryptocurrency industry is growing under tighter rules, as large exchanges shape their next cycle around licenses and products built to withstand regulatory scrutiny.

Instead of chasing explosive growth through speculative listings and high-leverage trading, the focus for 2026 is shifting toward sturdier foundations, such as tighter fiat ramps, compliant derivatives in more jurisdictions and building out stablecoin and tokenization rails.

Cointelegraph spoke with Haider Rafique, global managing partner at OKX, to unpack how major exchanges are preparing for the year ahead. 

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