Banking
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 […]
14
May
HSBC said on Monday it has performed the world’s first trade finance transaction using a single blockchain platform, in a push to boost efficiency in the multi-trillion-dollar funding of international trade. HSBC and Dutch bank ING completed the deal for Cargill last week when a shipment of soybeans was transported from Argentina to Malaysia via […]
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 […]
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 […]
25
Apr
Following in the footsteps of some of the world’s largest cryptocurrency exchanges, Berlin-based blockchain company, Neufund, announced that it will be opening offices in Malta and establishing a strong presence in the country, joining in Malta’s efforts to further its blockchain ecosystem. According to a statement made by the company, they will be bringing European […]
12
Apr
Malta is fast becoming a hub for some of the world’s leading cryptocurrency exchanges. OKEx Technology Co., the fourth largest cryptocurrency exchange by traded value, has “decided to make Malta a foundation” for its growth, according to a statement issued on its website today. The Hong Kong-based company is the second major cryptocurrency exchange to […]
23
Mar
Binance, the world’s biggest cryptocurrency exchange by traded value, has announced plans to open an office in Malta. Founded last year in Hong Kong, the company is now seeking a fresh start on the Mediterranean island. Chief Executive Officer Zhao Changpeng said in an interview to Bloomberg that Binance will soon start a “fiat-to-crypto” exchange […]