EU increases focus on NFTs in leaked draft of anti-money laundering bill
The proposed change to the AML rules fills a noticeable gap in the EU’s landmark Markets in Crypto-Assets (MiCA) regulation, which currently excludes NFTs from its remit.
Latest Malta News
A new accounting paradigm for the information age—Triple Entry Accounting conference calls for papers
Participants are being encouraged to submit proposals for the TEA Conference in Malta on November 10-11 on topics covering blockchain, AI, ESG, and tokenization, among others.
Malta to remove NFTs from digital asset regulation in anticipation of MiCA
Under the current Virtual Financial Asset regime, which was set up in 2018, NFTs are subject to specific requirements upon launching and must also issue a product whitepaper before the issuance.
Binance knowingly ignored AML, KYC checks and Changpeng Zhao knows it: report
A special report by Reuters has unearthed the rot at Binance, including how top execs made fun of anti-money laundering and Know Your Customer checks, and how Zhao led the flouting of laws.
BSV blockchain conquers gaming industry at iGaming NEXT in Malta
This year's iGaming NEXT Valletta 2021 themed was "Disrupting the Status Quo," bringing blockchain technology and its opportunities for the industry as the focus of the event.
Binance promises ‘pivot’ as its forced march towards compliance continues
Binance continues its forced march toward regulatory compliance, although new withdrawal restrictions are sparking fears that the troubled cryptocurrency exchange is bracing for a run on its bank.
Malta Chamber of Commerce hits back over allegations of lax digital currency rules enforcement
The Virtual Financial Assets Agents Business Unit of the Malta Chamber of Commerce responded to allegations that there were concerns from regulators overseas about lax standards of regulation.
Maltese banks disrupt ‘blockchain island’ plans: official
Startups found it difficult to secure basic banking services from the commercial sector due to a reluctance to support digital currency and blockchain businesses, Finance and Employment Minister Clyde Caruana said.
Malta regulator disputes Arbitly’s registration status
Arb Signals Limited said it is registered in Malta, but the country’s Financial Services Authority (MFSA) disputed the claim in a statement.
Maltese regulator warns against 2 unlicensed digital currency firms
The Maltese financial regulator has issued two warnings against two platforms that have been offering digital currencies without the required authorization.
Albania wants to be Europe’s digital currencies hub with new law
Albania’s parliament has approved new laws recognizing and legitimizing digital currencies. It becomes the third European nation after Malta and France.
Malta: 70% of firms applying for digital currency license ‘give up’
Some 57 companies had applied for a license in Malta, but failed to secure one by virtue of not completing the process by November 2019.