Established in 2018,
STEX is a licensed, regulated and centralized cryptocurrency spot trading platform based in Estonia and operated by Etna Development OÜ. Established with a strong belief in customer protection, transparency and responsibility of service, STEX has grown and scaled into a mature business with a wide network of partnerships. Following the path of pro-compliant market participants, STEX became an early presenter of tax reporting Smart Services integrations for its customers and prepared for GDPR, AML/CTF compliance ahead of its time.
The powerful STEX cryptocurrency exchange makes it easy to buy, sell and invest digital currencies from one fast, and convenient platform at low competitive rates. Users can choose from more than 400+ trading pairs, purchase crypto with credit or bank cards, and exchange fiat to crypto or crypto to fiat with a few swipes on their mobile device.
STEX honors fourth year in business with special spring discount
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STEX Joins the Blockchain and Virtual Currencies Workgroup (BVG WG)
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Crypto Exchanges: Slow Shift to Classic Financial Industry Regulations?
Reading Time: 3min read
Ever since Bitcoin saw the dawn of the day in 2008, the crypto industry has come a long way. Over a decade later, there are hundreds of different cryptocurrencies available in the market and numerous exchanges and trading platforms spread across geographies and time zones. While the industry has come a long way, thanks to increased adoption there are still concerns surrounding the legitimacy of various platforms and projects and a lot of people continue to look at cryptocurrencies suspiciously.
These suspicions are rightly placed, and the main reason for that is the lack of accountability on the part of platforms dealing with cryptocurrencies due to the absence of regulations governing it. The lack of a clear regulatory framework and enforcement not only encourages the operation of fraudulent platforms but exposes the crypto sector to far serious issues like money laundering and financi