Vanuatu deputy prime minister Bob Loughman: STO will make the next Nasdaq

Vanuatu deputy prime minister Bob Loughman: STO will make the next Nasdaq

Nov 06, 2018 (AB Digital via COMTEX) —

Recently, the deputy prime minister of Vanuatu Bob Loughman in Vanuatu National Digital Exchange conference pointed out that “STO is an important achievement of blockchain technical reform, correct guidance and development will be beneficial to the high-quality globalization assets flow. The exchange that plays a significant role in the STO and is going to be the next Nasdaq.”

Vanuatu deputy prime minister Bob Loughman

It is reported that Vanuatu National Digital Stock Exchange, which is under the guidance of former Vanuatu Prime Minister Natuman, Salva Kierman and with the full support of the local government, has been actively promoting the revolution. Vanuatu National Digital Stock Exchange is the first blockchain stock exchange in the southern hemisphere, and expand legal business in other cities or regions, which has obtained the legal license of digital stock exchange and manager qualification granted by government departments, and was authorized to issue agency licenses with financial asset management experience and qualified validation. The establishment of digital stock exchange represents Vanuatu’s innovation in the field of international economic, financial, science and technology, helping Vanuatu build a more secure and stable new social and economic system, and strengthening Vanuatu’s international influence in the cryptocurrency market.

This year, some problems were happened, imbalance in global digital financial market, IPO bottlenecks, ICO depression, plunging cryptocurrency market, and volatile stable currency, but the emergence of these problems does not mean that blockchian innovation cannot be implemented. On the contrary, in order to solve these problems, Vanuatu National Digital Stock Exchange has been working to develop innovation solutions for the industry.

Licenses of Vanuatu National Digital Stock Exchange and Vanuatu National Institute of Digital Currency Research

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