Malta is paradise for cryptocurrencies

[densuj]

Waves has announced the upcoming launch of a new cryptocurrency trading platform based in Malta. The Tokenomica exchange will support trading pairs with both digital assets and fiat currencies. The new entity will be regulated under the Maltese Virtual Financial Assets Act. According to its team, the ability to operate in the regulated environment of “Blockchain Island” is a serious advantage.

Representatives of the crypto startup told Forklog that before listing a new coin, Tokenomica will conduct a thorough inspection of the virtual asset and analyze other products and services offered by its issuer. Technical, marketing and business criteria will be applied during the review process. The exchange is already accepting requests for new listings.

[densuj]

Malta-based cryptocurrency exchange Okex has announced the launch of Okex Project Info, a platform offering information about token issuers, their roadmaps, their development progress and third-party reviews. The company promised strict monitoring of the data provided by the teams of the reviewed ICO projects in order to ensure the accuracy and unbiased nature of the published information.
Startups conducting ICOs are welcome to apply for listings on Okex Project Info via email. The team will contact applicants to confirm their details and guide them through the process.

[PreshB]

Yes  Malta  happen  to  be  the  champion  in  this  race,  which  attract  fresh  investment  so  rapidly  and  expanding  crypto  market.  Malta  seems  to  be  evolving  out  of  Gibraltar,  Switzerland  which  the  one  pondering  in  this  area

[TERENCIO]

Malta is one of the best and most friendly with regards to cryptocurrency its going to be a crypto hub, I am thinking of relocating there.

[Meysa123]

maybe it could be the cause of the decline in crypto prices at the moment, and malta is indeed a very special and good place.

[densuj]

maybe it could be the cause of the decline in crypto prices at the moment, and malta is indeed a very special and good place.

Well i don't understand what do you mean with that Malta can be cause of the decline in cryptocurrencies price, do you can give me more information about your opinions? It will be better information about it than just speculations about the price of cryptocurrencies without any other data of it, in my personal opinions Malta supports for the cryptocurrencies industry but i don't see related with the causes of cryptocurrencies price was down.

[trauchot]

They do it right, Malta understands that using cryptocurrency will be able to attract a huge number of people interested in opening their companies in the territory of Malta and this will bring a huge amount of money for Malta.

[Deallove9]

The country is fast in making its country great when it comes to crypto and I believe they will be great in shirt while as they have back the crypto and most great company in blockchain are now moving there to do their business and make the crypto great .

[Gastonic]

Yes Malta is going now to crypto. I hope some other countries like mine will also adopt the digital currency because it is convenient.

[densuj]

Throughout 2018 there have been very few nations like Malta who scoffed in the face of cautious regulatory approaches to particular aspects of blockchain technology, namely cryptocurrencies and initial coin offerings (ICOs), and instead carved out a uniquely accommodating path for the tech. https://btcmanager.com/where-are-they-now-malta-dazzles-with-crypto-legal-certainty-pioneering-european-island/

[napster]

They are really going forward with solid steps as government. We will probably see more actions about cryptocurrency and blockchain world from Malta.

[densuj]

​​Malta Appoints Cybersecurity Firm Ciphertrace to Monitor Crypto Transactions

The Malta Financial Services Authority (MFSA) has appointed U.S. cybersecurity company Ciphertrace to help with compliance monitoring of crypto assets. Ciphertrace will be expected to keep track of transactions that pass through local crypto exchanges and digital wallets including ICOs, screening for potential money laundering and terrorism financing violations.

The MFSA is currently sifting through applications from 29 cryptocurrency businesses that are seeking approval to operate as what are known as virtual financial agents (VFAs), the Times of Malta reported on March 11. Once the VFAs have been licensed, understood to be by the end of the month, businesses are expected to submit further applications to operate cryptocurrency exchanges, wallets and initial coin offerings.

Ciphertrace will be required to track every asset that passes through the virtual financial agents, even when reasonable caution has been taken by the VFAs to prevent cases of illicit financial flows by individuals and businesses.