Wednesday, December 25, 2024
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Crypto Firm Bequant Earns Malta’s ‘In-Principle’ Approval for Prime Broker License

Digital asset services firm Bequant has secured two “in-principle” approvals in Malta which will eventually lead to the firm being a licensed prime broker and crypto exchange in Europe.“Within three months we should get the license,” Bequant CEO George Zarya said in an interview. “The regulator does not grant approvals

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

Malta’s Finance and Employment Minister, Clyde Caruana, has revealed that the nation’s plan to become a “blockchain island” is floundering due to the unwillingness of local banks to work with innovative firms.Speaking to local media outlet Lovin Malta, Caruana noted that few local businesses have been able to secure banking

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21 Crypto Exchanges Ask for License From Malta’s Financial Watchdog

The Malta Financial Services Authority (MFSA) has received queries from 21 cryptocurrency exchanges seeking licensure under the Virtual Financial Assets (VFA) Act.21 firms out of 34 potential VFA providers are crypto exchangesAccording to an official announcement on Nov. 1, the 21 exchanges are among the 34 prospective VFA service

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