Another Crypto Giant Moves To Malta

[felixesteban]

The Hong Kong headquartered cryptocurrency exchange OKEx, second largest by 24 hour trading volume, has announced today that they will be expanding to Malta.

“We are confident in the Malta government’s approach and decided to make Malta a foundation for further OKEx growth,” says the official announcement. The company, currently second only to Binance, added that they had met with government officials and regulators “to understand their legislative and regulatory plans, and provided written feedback and engaged in open dialogue,” after which they decided that the expansion was in their best interest.

The only crypto exchange bigger than OKEx by 24 hour volume, Binance, has also recently announced their plan to move to Malta, “due to the country’s progressive view on crypto,” and OKEx joining them on the European island nation seems a bright step forward for the country and its place in the industry.

https://cryptonews.com/news/another-crypto-giant-moves-to-malta-1566.htm (Another Crypto Giant Moves to Malta)