FinTech

ZB.com, the world’s fifth largest cryptocurrency exchange by traded value, is the latest company to announce that it will be establishing its presence in Europe by launching an office in Malta, further cementing the country’s reputation as the “Blockchain Island.” According to a press release issued by the company, an exchange is set to be […]

Singapore-based digital asset exchange, ABCC, has announced its plans to establish its European headquarters in Malta, in a move aimed at strengthening its presence in the region and beyond. Additionally, the company announced its sponsorship of the blockchain-focused Delta Summit, being held from the 3-5th October in Malta. The company’s announcement to open an office […]

Yesterday, the Maltese Parliament approved the three Bills that will set up the Malta Digital Innovation Authority, the Innovative Technological Arrangement and Services Act, and the Virtual Financial Asset Act. The Digital Economy Secretariat described the three laws, which will establish the regulatory framework for distributed ledger technologies, as the first of their kind in the world. […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]