blockchain island – DIGIT INFO

Crypto.com Becomes Malta’s First Licensed Digital Currency Exchange to Offer Bank Transfers

DIGIT — Sun, 11 Jul 2021 09:30:52 +0000

The digital asset trading platform Crypto.com has announced the firm has become the first global cryptocurrency exchange to obtain an Electronic Money Institution (EMI) license from the Malta Financial Services Authority (MFSA). According to the announcement, Crypto.com’s EMI license will allow the firm to issue cards and bank transfers to consumers in the region. Crypto.com […]

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Malta’s ‘blockchain island’ strategy falters as banks refuse to play ball

DIGIT — Wed, 16 Dec 2020 04:11:27 +0000

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

DIGIT — Sat, 25 Apr 2020 12:30:12 +0000

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

DIGIT — Thu, 26 Apr 2018 15:30:42 +0000

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 […]

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