OKEx has announced that it will be teaming up with MSX, the digital
branch of the Malta Stock Exchange, in order to develop a new trading
platform for security tokens. Known as OKMSX, it will be launched at the
start of 2019.
We've reported before on the increasing relevance of Malta to the
cryptocurrency world, as it launched the new "Blockchain Island"
intitiative. Binanace recently moved its operation to the country, and
is helping to establish a new bank backed by crypto.
Read More: Binance invests in first decentralized bank owned by
crypto investors. Click on link
The OKMSX exchange will leverage OKEx's digital asset operations and
security expertise, as well as the Malta Stock Exchange's 26-year track
record of operating as a regulated stock exchange, with extensive
experience in regulatory compliance and client due diligence.
According to Tim Byun, Chief Risk Officer and Head of Government
Relations of OKEx, "Malta is taking the helm of regulating the
blockchain technology and cultivating a regulated cryptocurrency and
ICO epicentre. This joint venture marks our confidence in the Maltese
government as well as our commitment to providing an efficient, secure,
and transparent blockchain trading environment to clients worldwide.
We belive OKMSX will be a milestone in the economic development of
Malta."