Another Giant Crypto Exchange OKEX Is Expanding Its Operations To Malta

Another Giant Crypto Exchange OKEX Is Expanding Its Operations To Malta

cryptocurrency exchange
April 12, 2018 by Bitzamp
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Another Giant Crypto Exchange OKEX Is Expanding Its Operations To Malta OKEX is one of the leading digital asset exchange that offers global users with a robust digital-asset-only exchange and currently offers token and futures trades. Malta has now attracted its second largest cryptocurrency market, with OKEx declaring in a statement from its company that
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Another Giant Crypto Exchange OKEX Is Expanding Its Operations To Malta
OKEX is one of the leading digital asset exchange that offers global users with a robust digital-asset-only exchange and currently offers token and futures trades.

Malta has now attracted its second largest cryptocurrency market, with OKEx declaring in a statement from its company that it is eager to join the blockchain community in Malta through its participation in the Delta Summit to be held in October 2018.

This was announced by the company, an announcement that followed several meetings with the government. OKEx expressed confidence that Malta will serve as the basis for the company’s expansion. This announcement also follows that of Binance, the largest company in the sector, which is also setting up in Malta.

OKEx is one of the largest stock exchanges in the world, processing more than $ 1 billion in daily transactions. It is originally from China but is now based internationally, with offices in Belize and Hong Kong. It has chosen Malta because Malta has been making an effort to be an attractive jurisdiction for cryptocurrency companies.

The Parliamentary Secretary of Financial Services, Digital Economy and Innovation, Silvio Schembri, said that the OKEx announcement is a certificate of trust in Malta. “The fact that Malta is at the forefront in launching a regulatory framework that regulates this sector by means of setting up an authority, in itself has attracted the interest of global companies such as Binance and OKEx”, he added saying; “This is just the start, other companies will soon establish their operations in Malta.


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