Screenist partner Jason King helping in Dubai create a legal STO space  

Screenist partner, Jason King in Blockchain Summit, in Dubai

Screenist’s partner Jason King, the managing partner at Connected Global Strategies (CGS), informed tech magazine Crypto Briefing that the United Arab Emirates’ financial authorities had quietly created the framework for STOs to take place legally.

Governments in the Middle-East have been looking to transition away from oil and into new areas, such as technology. Dubai is fast becoming the international center for security token offerings (STOs), meaning that the country will soon be in a position to launch fully-regulated STOs.

“They [the Dubai authorities] see it as inevitable that cryptocurrencies and blockchain will experience mass-adoption. But they they won’t let it run wild”, Jason King pointed out.

Dubai has a prominent financial sector and real-estate market, both of which could expand with tokenized securities.

Jason King is also a partner of Screenist, helping to take the aspiring Hungarian startup to the next level. King recently met the team of Screenist at the Blockchain Summit in Dubai.