OKEx calls out to crypto exchanges and market participants to join hands in Self-Regulated Organization (SRO) initiative to develop global compliance standards
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.
“Delta Summit connects dreamers and innovators, and we are proud be part of this meaningful event to showcase our edge on products. At the summit, we conducted lots of conversations on the current market and the future blockchain development. We will continue to take the lead in driving such development from here,” said Andy Cheung, Head of Operations of OKEx.
Here is a highlight of what OKEx shared at the Delta Summit:
Self-Regulated Organization (SRO)
OKEx announced a Self-Regulated Organization (SRO) to develop global compliance standards for cryptocurrency exchanges and urge exchanges and market participants in the global crypto-trading community to join hands in this initiative.
At the nascent stages of the blockchain industry, every crypto exchange should be aligned 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. OKEx invites other exchanges to join the company in establishing standards for market-making, listings, and delistings of digital assets, and other items critical to the growth of the entire industry.
Announced during the keynote at the DELTA Summit by Enzo Villani, a former Nasdaq executive who joined OKEx as 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 to promote digital asset adoption globally, educate governments and regulators, and develop metrics and criteria for trading, listings, and reporting.
More details about the SRO will be announced soon.
OKEx Pool is set to guarantee a stable production of blocks to maintain the security and stability of the EOS network. OKEx Pool (account: okcapitalbp1) has topped the EOS Block Producer (BP) ranking. After launching the EOS and IOST staking services, OKEx Pool has officially become a supernode of V Systems (VSYS).
In order to give back to the community, OKEx Pool hosted the OKEx Pool EOS Block Producer Pursuit last month. OKEx Pool is the first mining pool that uses their votes to facilitate the overall development of the EOS community. It will continue to support and help any BPs that contribute to the ecological development of EOS in the future.
OKEx Pool supports both PoW and PoS/DPoS mining, a pioneer in the industry that focuses on innovative development. Not only does it offer the best services to customers, OKEx Pool also helps project teams to cultivate their quality projects on the EOS public blockchain, hence fostering the development of the whole ecosystem.
OKEx Wallet – An Essential Crypto Tool
One of the two important tools in this revolutionary digital industry, crypto wallet is essential for every cryptocurrency trader. OKEx Wallet is compatible with mainstream tokens and ERC-20 tokens, designed with great care to ensure the best-possible user experience. OKEx wallet adopts easy seed phrase and simple backup procedures, and managing assets has never been easier, with all accounts in one place. Its multi-layer security system and the vault can always also keep user’s assets safely protected.
For event highlights, please visit OKEx’s Twitter.