Malta approved 3 Blockchain and crypto bills in the 2nd reading in Parliament yesterday, June 26. The first two of them, Technology Arrangements and Services Bill and the Virtual Financial Assets Bill, provide regulation of digital ledger technologies under the control of the Malta Digital Innovation Authority. read more
The businessman and crypto attorney shook Twitter with his announcement of “McAfee Coin” – a collectible fiat currency with his face on it. On May 29 McAfee posted a “fake dollar” created by SmartPayMint, a cryptocurrency exchange, and declared that it was an odd coincidence since the next day he was going to announce the issuance of his currency read more
Crypto exchange Coinbase announced new Custody Service made for hedge funds, exchanges, ICO teams and private clients capable of depositing at least $10 million. The service has begun to operate last week. At the moment, the exchange holds around $20 billion in crypto and hopes to bring in $10 more million with Custody. According to the first announcement in November 2017, clients will be obligated to pay $100,000 as a set-up fee and a 10 basis point fee-per-month on the assets held. Currently the service is only available for clients in the United States and Europe, but by the end of 2018 Coinbase promises to open up for Asia, too.
The Malta Stock Exchange (MSX), together with crypto exchange OKEx is creating a new institutional grade security-tokens platform for trading.
Crypto Exchanges Heading to Malta
Previously, Cointrend.me had covered the news about several crypto exchanges moving to Malta due to its friendly regulations. OKEx was among them, and after signing a Memorandum of Understanding (MoU) with MSX, they launched a joint project called OKMSX – a conscientious trading platform respecting Know Your Customer (KYC) principles and security expertise. read more