Posts in category

Malta


Binance, one of the biggest cryptocurrency exchanges in the world, is reportedly among a number of investors backing a decentralized bank to be launched in Malta. Bloomberg reported Thursday that Binance had confirmed it has acquired a 5 percent stake in the so-called Founders Bank at a €133 million euro ($155 million) pre-investment valuation. Founders Bank …

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Marlene Ronstedt is a writer and journalist whose work has appeared in German and English publications including WIRED Germany. Currently, she is working for Neufund as a blockchain reporter. André Eggert is a partner at the law firm of LACORE LLP and the legal architect of Neufund.org, a platform for primary offerings of tokenized equity. …

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Malta has taken a significant step toward becoming a “Blockchain Island.” Announced Tuesday by Silvio Schembri – a Maltese Member of Parliament and the parliamentary secretary responsible for financial services, digital economy and innovation – the island nation’s parliament has passed three bills regarding cryptocurrencies, blockchain and distributed ledger technology (DLT) marking it as one …

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The Malta Stock Exchange announced today that Binance, one of the world’s leading cryptocurrency exchanges, is backing its newly launched program to support fintech startups and entrepreneurs. Known as a tiny archipelago between Sicily and the North African coast, Malta, along with several other microstates including Bermuda, Liechtenstein, Gibraltar and San Marino, have joined the race …

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The EU nation of Malta is moving closer to introducing a test that would clearly define when assets derived from initial coin offerings (ICOs) are securities. In a consultation paper published Friday, for which it is currently seeking public feedback, the Malta Financial Services Authority (FSA) set out a proposal for a so-called Financial Instrument Test, …

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Malta’s government has released a new warning about a cryptocurrency margin trading site. StocksBTC claims on its website to be registered with the agency and to have a physical location in the country. That’s not true, according to the Malta Financial Services Authority (MFSA), prompting it to issue a warning Thursday to investors about the service. In addition, the …

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The Malta Gaming Authority (MGA) has published proposed guidance on using distributed ledger technology and cryptocurrencies within the nation’s online gaming space. The document – which is currently open for feedback – explains the need to protect consumers, prevent money laundering and other crimes and protect Malta’s reputation, saying the criteria set out in the …

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Major cryptocurrency exchange Binance has announced that it will be opening an office in Malta in the wake of yesterday’s news that Japanese regulators had issued a warning to the exchange, Bloomberg reports today, March 23. Hong Kong-based Binance, which is the number one exchange by 24 hour volume listed on CoinMarketCap, will work with …

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Malta’s Financial Services Authority (MFSA) published the feedback it received on its proposed rules for collective investment schemes involving cryptocurrencies on Monday. The MFSA first sought feedback on its proposed rulebook last October as part of a bid to regulate professional investor funds (PIFs) that focus on cryptocurrencies. The proposal notably changed the structure from a …

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