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As a handful of states scramble for the first draw in a pro-blockchain regulatory arms race, the CEO of Malta-based, “regulation-ready” cryptocurrency exchange ZBX has claimed the Maltese government’s plans may be forging a crypto-utopia like no other.
Malta has emerged as a global leader in blockchain innovation, recently passing a series of pro-blockchain bills into law that have caused blockchain and cryptocurrency platforms around the world to consider “Blockchain Island” as a potential new base of operations.
In a joint venture to build the world’s first decentralized stock exchange, Binance partnered with Neufund and MSX — the recently launched subsidiary of the Malta Stock Exchange.
Binance, the world’s second-largest cryptocurrency exchange by daily volume, has announced an investment in Founders Bank, a decentralized banking platform based in Malta.
The Maltese Parliament has passed a series of pro-blockchain bills into law, heralding the launch of a new concrete legal framework for blockchain industry within the island nation.
The tiny Mediterranean island of Malta is fast becoming a mecca for the blockchain industry. Just three weeks after Binance announced their intention to set up an operational base in Malta, the world’s second-largest crypto exchange, OKEx, has said that it intends to expand operations to the island.