European Union

World Federation of Exchanges says crypto terminology needs clarity

“Digital & Crypto Assets Need Clarity”: World Federation of Exchanges

In response to the EU’s cryptocurrency regulatory framework, the World Federation of Exchanges (WFE) says digital and crypto-assets need strong clarification and classifications. While answering questions posted in a March 20 report WFE says “We believe there could be value in adopting a single EU classification which covers both: digital-assets and also crypto assets, as […]

MFSA releases feedback on security tokens

Malta Finance Authority Releases Industry Feedback on Security Tokens

The Malta Financial Services Authority (MFSA) has released feedback on the definition of security tokens and challenges such assets face in Maltese markets. In a paper published on Feb 25, the agency gave feedback on security token offerings (STO) from 18 industry stakeholders, including national agencies, regulated businesses, technology providers, law and consultancy firms, among […]

Malta needs to work on its AML defends.

Malta Needs To Pump Up AML Defense: European Union

According to the European Union (EU), Malta needs to strengthen its anti-money laundering (AML) policies. It requires to look after the policing to meet the requirements of growing crypto sectors. As per the report, the European Commission says that the island’s financial, gaming industry and growing crypto sectors require strong AML administration. It states in […]