Cryptocurrency
18
Oct
On 17 October 2023, the Council of the European Union has announced the adoption of a new directive amending Directive 2011/16/EU on administrative cooperation in the field of taxation for the introduction of new reporting and exchange of information rules concerning crypto-asset transactions and advance tax rulings for high-net-worth individuals (DAC8 Directive). The DAC8 Directive […]
27
Sep
Two cryptocurrency exchanges, Bleutrade and BeQuant, revealed their plans to set up operations in Malta in separate announcements this week, following in the footsteps of several other exchanges such as Binance, OKEx and Bitbay who announced plans to move to Malta earlier this year. Bleutrade, a Brazilian cryptocurrency exchange platform established in 2014, allows for […]
19
Jun
The Malta Stock Exchange has announced that Binance, one of the world’s largest cryptocurrency exchanges, will be extending its support to their newly-launched start-up accelerator programme. The MSX FinTech Accelerator Programme will offer support services and mentorship to FinTech start-ups and entrepreneurs with the aim of helping them achieve a competitive edge. The programme will […]
15
Jun
In an interview published today with CoinTelegraph, Changpeng Zhao, CEO of Binance, the world’s largest cryptocurrency exchange, described Malta as “the leading place to be” and further commented that the country “has already become the Blockchain Island.” Binance announced the relocation of their operations to Malta in March, following regulatory and banking issues in their […]
14
Jun
Changpeng Zhao, the CEO and founder of Binance, announced that the company has successfully set up a bank account in Malta. This news follows the business’ revelation in March that they would be relocating operations to Malta, following issues faced due to tighter restrictions in their previous base, Japan. Binance currently ranks as the world’s largest […]
31
May
In a press release issued on their website, BitBay, one of Europe’s largest cryptocurrency exchanges, announced the suspension of all company activity in Poland, and its decision to move its operations to “cryptocurrency friendly” Malta instead. In their announcement, BitBay explained that their decision to relocate stemmed from Polish banks’ unwillingness to work with the […]
10
May
An innovative, new cryptocurrency exchange, Bitmora, announced its intention to expand its offices to Malta on Monday, delaying its launch that was originally planned to take place in the United States. The California-based company promotes itself as an exchange built by real traders that intends to modernise the way that crypto exchanges operate. Originally set […]
30
Apr
Morgan Stanley research has found that the majority of cryptocurrency trading volume flows through the nation of Malta. The study showed that while the United Kingdom has the largest number of legally registered cryptocurrency exchanges, it accounts for a mere 1% of trading volumes. Exchanges are the platforms on which cryptocurrencies trade, and the largest […]
27
Apr
Written by Lily Katz for Bloomberg News Digital-coin exchanges have found a new haven in an archipelago in the Mediterranean Sea. Most cryptocurrency trading now happens on marketplaces based in Malta, the European island nation that’s seeking to boost its fortunes by becoming one of the world’s friendliest jurisdictions for a sector that’s caused concern among other […]
25
Apr
Yesterday, The Maltese Cabinet approved three bills which were also presented to Parliament for its first reading: the Malta Digital Innovation Authority Bill, the Technology Arrangements and Services Bill and the Virtual Financial Assets Bill. The proposed bills seek to provide regulation and legal certainty for users of cryptocurrencies and Distributed Ledger Technology (DLT), such […]