ZBX, regulated stock exchange security tokens registered in Malta and available to European traders, it has become an opportunity to solve the problems faced by the cryptographic industry.
Exchange Security Tokens ZBX
ZBX theoretically, it is a new company, but its creators have quite a lot of experience, which they built thanks to leading a leading cryptographic exchange ZB.COM. ZBX founder, Dave Pulis has extensive experience in traditional sectors of financial services, IT and cryptocurrency, while the new stock exchange was created as a European version of ZB, capable of providing a full range of services on European markets, and finally also on international markets. The technological basis remains the same as in the case of ZB.
ZBX as a platform registered in Malta, qualifies for granting a license in accordance with the Maltese regulatory framework. Until November this year, ZBX will operate based on the provisions of the transition period - until then the licensing procedure should be completed. Although obtaining a license is a time-consuming process, the status of a fully compatible platform increases the chances of getting a strong position in the market.
What's more, after obtaining the necessary license, the stock market will be launched on the platform STO. This activity is not subject to the cryptographic rules laid down by Malta Digital Innovation Authority, as security tokens are securities. And as the securities regulations are much stricter, STOs are a more reliable and safe solution for investors. Security is one of the chief priorities of ZBX, aspiring to become one of the largest stock exchanges in the world over the next few years.
In addition, the platform is also planning to build the largest market in the world Over The Counter (OTC). OTC transactions are now considered one of the riskier ones, being a contentious issue in the cryptographic space. Above all, because of the high number of frauds in this sector and the lack of transparency. ZBX announced that it would make every effort to change this state of affairs by offering high transparency of procedures.