Blockchains and Bagels: the morning market update to get you ready for the day ahead. Today,theMalta Stock Exchange announces Fintech and Digital Asset Arm to develop an exchange with OKEx.
The Malta Stock Exchange partnered with OKEx to develop a security token trading platform. The platform will be one of the operations that under the MSXs Fintech and Digital asset arm. OKEx and the MSX are targeting to begin operations in January 2019.
The British bank has filed for two patents in the United States about the transfer of currency between to users and a for storing data on a blockchain. The transfer patent describes a system that authenticates the identities of both parties while writing the transaction to the ledger.
George Sax will be joining U.K based Blockchain Ltd. as global head of cybersecurity. Sax was the former head of the Secret Service Office of Investigations during the 2016 U.S presidential campaign. He will lead the efforts to secure over 26 million digital wallets on the platform.
The South Korean Financial Services Commission will establish the Financial Innovation Bureau to create digital asset policy. The policy-making body will have an initial lifespan of two years.
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