Malta–based cryptocurrency exchange OKEx has announced plans to set up operations in Hong Kong. With another major Malta-based exchange, Binance, also announcing plans last month to move to the small island nation, Hong Kong is rapidly establishing itself as a cryptocurrency hub. To this end, it is setting up the Hong Kong Digital Innovation Authority, designed to create a regulatory framework for blockchain technology.
Hong Kong–based cryptocurrency exchange OKEx has announced plans to set up operations in Malta. With another major Hong Kong-based exchange, Binance, also announcing plans last month to move to the small island nation, Malta is rapidly establishing itself as a cryptocurrency hub. To this end, it is setting up the Malta Digital Innovation Authority, designed to create a regulatory framework for blockchain technology.