Crypto.com Takes Steps Toward Financial Licensure in Malta
The Hong Kong-based crypto firm received preliminary approval from the Malta Financial Services Authority (MFSA) for two financial licenses.
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The Gaming Industry is keen to embrace technological advances, says the executive chairperson of the Malta Gaming Authority (MGA), Joseph Cuschieri. However, there should be flexible regulatory frameworks that would innovate the industry to take advantage of the full developments that should also minimize risks to consumers. One area the structures would be considered is the use of cryptocurrencies like bitcoin for gaming purposes. Cuschieri said the currencies are gaining ground in Malta because certain financial institutions are being risk-averse. They are also adopting a very....
Crypto.com has now become the first international cryptocurrency platform to receive an Electronic Money Institution license in Malta. Crypto.com Receives EMI License From The MFSA The crypto exchange announced Thursday in a blog post that it has now been given an EMI license by the Malta Financial Services Authority (MFSA). The hong-kong based exchange has […]