INX becomes the largest traded security Token in the world
Date
8/30/2021 3:01:30 PM
(MENAFN- BreezyScroll)
As major non-regulated crypto exchanges are being shut down and prosecuted by governments worldwide, INX gains rapid popularity as the world's first SEC and FINRA cleared blockchain token and trading platform
It's open season on non-regulated crypto exchanges almost everywhere these days. Governments worldwide have taken a simple stand – cryptocurrencies and security tokens are new financial asset classes and must be regulated. In South Korea alone, 24 crypto exchanges are being closed by the regulator, with 18 more expected to follow. Renowned Cryptocurrency exchange operators Huobi and OKCoin announced the closing of their Beijing subsidiaries amid China's government's crackdown. Britain's financial regulator has ordered Binance, one of the world's largest cryptocurrency exchanges, to stop all non-regulated activity and issued a warning to consumers about the platform, which is coming under growing scrutiny globally.
These are just a few examples from what seems to be a unanimous decision by governments to make certain, that the new world of crypto is properly regulated under national and international laws to prevent potential public scams, illegal trading and money laundering.
INX is the single exception to the hunted crowd of legacy crypto exchanges. Being the first and only company to get FINRA clearance for trading and clearing cryptocurrencies, and the first and only company to pioneer an SEC clearance for the listing of the INX security token makes INX the absolute frontrunner of regulated trading of blockchain assets.
Currently, INX has become the number one security token on a global basis trading at over $330,000,000 market cap and surpassing security token veterans, such as tZero and others, in over a 3 to 1 ratio.
With daily rising volumes, 298% increase in token value, and skyrocketing traction of global investors, INX seems to be the only 'man left standing' to blaze the path for the new world of digital assets over the blockchain.
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