The newly-licensed agents will be the first line of defense of Malta’s “markets integrity and public interest” According to Malta Financial Services Authority (MFSA) April 2 announcement, the country’s first 14 crypto asset agents have received official licensing. The 14 approved Virtual Financial Assets (VFA) Agents applied...
IFSP working on fintech regulation, tax matters, AML and more The IFSP has been kept busy over 2018, a situation which looks set to continue through 2019. Through the IFSP Council and sub-committees, a wide range of issues each with a potential for profound impact on...
New areas of business are always welcome, but bring with them new risks and concerns as well as bright opportunities. Fintech in general, cryptocurrencies and distributed ledgers technology is a case in point. The establishment of a regulated environment for virtual financial assets within the...
The new Virtual Financial Assets Act will come into force this October, making Malta the first jurisdiction to create a regulated space for virtual assets, cryptocurrencies and other finance-related activities mediated through distributed ledger technologies like blockchain. A newly regulated area needs licensed operators and service...
The Maltese Parliament will be passing the three cryptocurrency and blockchain bills through their second reading later on today, CCN can exclusively reveal. This important development was announced by Parliamentary Secretary for Digital Innovation Silvio Schembri in his opening speech at the Malta Institute of Management...
Binance, the world’s largest cryptocurrency exchange by traded value, is seeking a fresh start in the Mediterranean. The company, founded last year in Hong Kong, is planning to open an office in Malta, said founder Zhao Changpeng in an interview from Hong Kong. Binance will soon...