Blockchains and Bagels Daily Market Roundup – 07.20.2018

CoinsquareJuly 20, 2018

Blockchains and Bagels: the morning market update to get you ready for the day ahead. Today, the Malta Stock Exchange announces Fintech and Digital Asset Arm to develop an exchange with OKEx.

Malta Stock Exchange unveils Fintech and Digital Asset subsidiary

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 MSX’s Fintech and Digital asset arm. OKEx and the MSX are targeting to begin operations in January 2019.

Barclays has filed for blockchain patents related to the transfer of currency and data

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.

Blockchain Ltd. hires former U.S Secret Service agent as global head of cybersecurity

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.

South Korea’s Financial Service Commission will establish a policy-making body

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.