Malta Financial Services Authority Says Binance Is Not Authorized by the Regulator to Operate in Country’s Crypto Industry

February 23, 2020 @ 5:48 pm By Omar Faridi |

The Malta Financial Services Authority (MFSA), the nation’s financial regulator, released a statement on February 21, claiming that it never actually regulated Binance, the world’s largest crypto-asset exchange in terms of adjusted trading volume. To quote the MFSA: Following a report in a section of… Read More

Malta’s Financial Services Authority Reportedly Received 21 Requests from Digital Asset Exchanges Interested in Acquiring Operational Licenses

November 2, 2019 @ 11:29 am By Omar Faridi |

The Malta Financial Services Authority (MFSA), the financial regulator of Malta, has reportedly received 21 requests from digital asset exchanges that are interested in acquiring operational licenses under the island country’s Virtual Financial Assets (VFA) Act. As noted in a November 1 announcement on MFSA’s… Read More

Malta Financial Services Authority Partners with CipherTrace to Guard Against Crypto Fraud, Money Laundering

March 11, 2019 @ 3:02 pm By JD Alois |

The Malta Financial Services Authority (MFSA) has enlisted CipherTrace Compliance Monitoring to better manage operational risks regarding digital assets. The MFSA is implementing the CipherTrace tool which is designed to continuously rate the risks of cryptocurrency businesses to protect consumers, investors, and business partners. The… Read More

Malta Issues Financial Instrument Test for Initial Coin Offerings in Push to Clarify How Digital Assets Should be Classified

April 14, 2018 @ 1:28 pm By JD Alois |

Malta, a Mediterranean country that wants be known as Blockchain Island, has published a “Financial Instrument Test” as it seeks to clarify questions regarding initial coin offerings (ICOs) and when a digital asset is a security and when it is not. The Malta Financial Services… Read More