OKEx Launches Initiative to Develop Global Compliance Standards for Cryptocurrency Exchanges
OKEx to engage exchanges and market participants to develop a Global Self-Regulated Organization (SRO) aimed at standardizing practices and policies
By: Transform Group
The initiative was announced in Malta at the DELTA Summit by Enzo Villani, a former Nasdaq executive who joined OKEx as the company's Head of International Strategy and Innovation. This SRO will be an independent, membership-based organization that is neutral and open to exchanges of all sizes and jurisdictions. Member exchanges will work together to define and adopt standards that will promote digital asset adoption globally, educate governments and regulators, and develop metrics and criteria for trading, listings, and reporting.
Exchanges must clarify their operational practices and procedures in order to best cooperate with governments and encourage innovation in this sector. OKEx invites other exchanges to join the company in establishing standards for market-making, listings, delistings of digital assets, and other items critical to the growth of the entire industry. Crypto exchanges share a common goal to protect investors and traders, and to foster innovation in the cryptocurrency ecosystem. Together, exchanges can more effectively set standards to usher in financial security for millions of people.
Headquartered in Malta, OKEx is a top-tier digital asset exchange offering more than 400 token and futures trading pairs to millions of customers in 150+ countries. OKEx offers the most diverse trading products in the market, ranging from spot trading, fiat-to-token trading, margin trading, and crypto derivatives. The company also helps traders, miners, and institutional investors optimize their investment strategies.
To learn more about OKEx and the SRO initiative, please connect with OKEx team at Delta Summit or by contacting firstname.lastname@example.org. For photos of the event, please click here (https://drive.google.com/
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