Cybersecurity

Another Giant Crypto Exchange Is Moving to Tiny Malta

The Cryptocurrency Debate

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Malta, the tiny island nation in the middle of the Mediterranean, is fast becoming a hub for some of the world’s biggest cryptocurrency exchanges.

OKEX Technology Co., whose virtual currency venue is ranked No. 4 by traded value on Coinmarketcap.com, has “decided to make Malta a foundation” for its growth, the Hong Kong-based company said on its website Thursday. It’s at least the second major crypto exchange to embrace the country after Binance, the world’s largest, announced plans to open an office there last month.