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OKX Showcases Commitment to the Bahamas at D3 FinTech Festival

  • OKX Chief Innovation Officer Jason Lau exclusive interview: "The Future of Digital Asset Exchanges"

  • OKX Chief Global Government Relations Officer Tim Byun speaking panel: "Trust and cooperation: how should the innovator-regulator relationship work?"

  • OKX Head of Compliance Bahamas Ianthe Tynes speaking panel: "A Caribbean Web3 Future"

NASSAU, BAHAMAS, October 12, 2023OKX, a world-leading Web3 technology company, underscored its dedication to the Bahamas as an emerging hub for digital assets during the recent D3 Bahamas FinTech Festival. Through a series of speaking engagements, OKX executives highlighted the country's forward-thinking regulatory environment and support of technology innovation.

In an exclusive interview, OKX Chief Innovation Officer Jason Lau discussed the evolving landscape for cryptocurrency exchanges and insights into the future of digital assets. Lau emphasized the Bahamas' proactive approach to crypto regulation.

Jason stated: "With close to a decade in crypto, OKX is focused on building a trusted, scalable, and accessible platform for the long term. Despite recent industry events, it's essential to highlight all the technological improvements and regulatory progress as the industry works to restore confidence and deliver new use cases for Web3." During a panel on regulation, OKX Chief Global Government Relations Officer Tim Byun noted the Bahamas Securities Commission's goals of supporting innovation while upholding market integrity.

Tim said: "Progress stems from both the private sector and forward-thinking regulatory bodies like the SCB in The Bahamas. Building strong professional relationships is the most effective channel for long-term collaboration between innovators and regulators. Striking the right balance of collaboration and oversight nurtures sound, sustainable growth for the future and facilitates main street adoption.

Ianthe Tynes, OKX Head of Compliance in the Bahamas, spoke on a panel exploring the Caribbean's Web3 potential. Tynes highlighted how decentralized solutions drive financial inclusion, empower creatives and catalyze the future for crypto-friendly commercial institutions.

Ianthe noted: "I believe that the DARE Act is a great example that strikes the optimal balance between compliance and innovation. We're proud to see the Bahamas foster an environment where digital asset companies can grow sustainably while prioritizing consumer protection and anti-money laundering standards."

OKX's involvement in the conference underscores its positive outlook and deep commitment to the Bahamas as a jurisdiction. The company continues its collaboration with Bahamian authorities to contribute to the growth of a thriving digital asset ecosystem in the Bahamas.

Disclaimer
This article may cover content on products that are not available in your region. It is provided for general informational purposes only, no responsibility or liability is accepted for any errors of fact or omission expressed herein. It represents the personal views of the author(s) and it does not represent the views of OKX. It is not intended to provide advice of any kind, including but not limited to: (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold digital assets, or (iii) financial, accounting, legal, or tax advice. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. OKX Web3 features, including OKX Web3 Wallet and OKX NFT Marketplace, are subject to separate terms of service at www.okx.com.
© 2023 OKX. This article may be reproduced or distributed in its entirety, or excerpts of 100 words or less of this article may be used, provided such use is non-commercial. Any reproduction or distribution of the entire article must also prominently state:"This article is © 2023 OKX and is used with permission." Permitted excerpts must cite to the name of the article and include attribution, for example "Article Name, [author name if applicable], © 2023 OKX." No derivative works or other uses of this article are permitted.
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