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Government-regulated Audit Platforms for TradersBy CIOAdvisor Apac | Wednesday, April 03, 2019
CEZEX is Asia’s first and prominent digital asset exchange. Digital currencies are durable, scare, and transferable than fiat currencies. Some of the blockchain features are helpful to deal with real-world assets, and it is known as tokenization. CEZEX is a leading ecosystem backbone that provides support to access tokenized digital assets securely. It is a harbor to create, store, and transfer digital assets and traditional assets. CEZEX has started many projects to advance Cagayan Special Economic Zone and Freeport (CSEZFP) including the development of Crypto Valley of Asia (CVA). CVA is expected to procure investments valued at $100 million within the next ten years.
CEZA appointed ABACA as the first self-regulatory Organization. ABACA will formulate and enforce its own rules among its members or persons associated. CEZA will remain as the overall regulator. CEZEX aims to offer a well-regulated and licensed platform for trading traditional asset and digital assets with crypto-currencies. Trading can be done with security tokens, currencies, and derivatives. CEZEX gives consumers a wide variety of trading products and provides consumers faster, cheaper, more accessible, and shorter listing process. The upcoming CEZEX launch is speculated to be a prominent milestone, and it will be the first licensed offshore virtual currency exchange and asset-backed securities token exchange that will be under the newly announced CEZA- SRO regulations governing OVCE operators. CEZEX is backed by companies like Digital Pinnacle, IPE Global Pte Ltd, the Phnom Penh Derivatives Exchange, and SB Kaikaku. The strong support from companies makes CEZEX a leading exchange player in the region.
The ability of the CEZEX Group is exceptional, and it is the first government-regulated audit platform for fintech and crypto industries. CEZEX will join hands with a maximum of four sponsors supported by CEZA to list and introduce security tokens and digital assets. Inbase Partners Limited is a sponsor, who’s in a position to work on initial listings. The illiquid assets like real estate, early-stage venture capital, and fine art is expected to be tokenized to access preceding liquidity events.