MASEx Founder Calls for Urgent Decentralization and Regulation of STOs

Aaron Tsai, Founder and Chief Capitalist of MAS Capital Universal Exchange (MASEx) – on the picture above – calls for sweeping changes in regulation and the creation of decentralized markets for listing and trading of security token offerings (STOs).

Speaking at the Security Token Summit in Los Angeles on April 8, 2019, Tsai stated MASEx is open for business and ready to lead in the innovative age of STOs.

In a speech entitled “Age of Asset Tokenization: Decentralization vs. Regulation”, Tsai looked at developments in the crypto world and dealt with the challenges facing security tokenization. Tsai notes the US financial system, the world’s strongest centralized framework, is under heavy fire from the adoption of crypto currencies.

“Both the spirit and letter of US securities laws are outdated,” states Tsai. “We are going through a seismic shift that extends across the entire financial industry. This will disrupt the existing oligopoly of financial institutions in banking, securities and fund management sectors. Regulators must rise to the occasion.”

Source