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Malta’s ‘blockchain island’ strategy falters as banks refuse to play ball
Malta’s plan to become a”‘blockchain island” appears to have stalled, with few retail banks indicating a willingness to work with crypto firms.
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Malta’s ‘Blockchain Island’ Dream Deferred as 70% Entities Shun Licensing
Malta’s futuristic design to be the “Blockchain Island” has suffered a setback as 70% of companies in the sector have not sought licensing. Six months after the deadline, only 26 companies have applied for licensing and none has been granted one. Malta initiated legislation to regulate virtual financial assets in 2018 and invited companies to […]
The post Malta’s ‘Blockchain Island’ Dream Deferred as 70% Entities Shun Licensing appeared first on Bitcoin News.
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Malta’s Cabinet Approves Cryptocurrency Bill
The Cabinet of Malta has approved three bills related to cryptocurrency and blockchain technology. One bill in particular, the Virtual Financial Assets Bill, provides a regulatory framework for cryptocurrencies and initial coin offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Bill Approved by Cabinet The Cabinet of Malta approved three bills on […]
The post Malta’s Cabinet Approves Cryptocurrency Bill appeared first on Bitcoin News.
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