Latest Malta Financial Services Authority News

First batch of crypto asset agents gets green light in Malta
Business 3 April 2019

First batch of crypto asset agents gets green light in Malta

VFA agents are required as joint signatories to token sales, with a responsibility to advise those promoting token issues of their compliance obligations under the Virtual Financial Assets Bill and other applicable laws.

‘Dubious’ crypto platform claims to be holding Malta license
Business 26 October 2018

‘Dubious’ crypto platform claims to be holding Malta license

The platform, called Primetradingbot, claimed to offer high-yield BTC investments, and appeared to be targeting unsophisticated investors who still believe the BTC coin has a future, according to the Malta Financial Services Authority.

Decentralized Founders ‘Bank’ still awaiting Malta license
Business 31 July 2018

Decentralized Founders ‘Bank’ still awaiting Malta license

Founders Bank has been marketing itself as the world’s first decentralized and community-owned bank, yet the Malta Financial Services Authority (MFSA) said it wasn't aware that the company has been publicly—and illegally—calling itself as a "bank."