The Malta Financial Services Authority (MFSA) has given license to 14 crypto assets agents and will now be assisting these to adopt business to the new Virtual Financial Assets Act (VFA). Silvio Schembri, Parliamentary Secretary for Financial Services told that the banks were waiting for them to obtain approval before offering them services.
The Cagayan Economic Zone Authority (CEZA) of Philippines have confirmed that it has granted in a total of 24 principal licenses and six regular licenses for cryptocurrency exchanges. The Chief of CEZA, Raul Lambino said, “These 24 companies, these are principal licenses that are committing to invest at least $1 million for facilities that they are going to construct inside the economic zone.”
An announcement has been made by Omega One that they have successfully acquired the first cryptocurrency exchange license granted by the government of Bermuda. The CEO of Omega One, Gordon-Brander: “We’re very proud to have worked so closely with the Bermuda Monetary Authority – the first in our multi-jurisdiction regulatory strategy – to create a trading venue.”
LMAX Digital (a cryptocurrency exchange) has received the ‘in principle’ authorization from Gibraltar’s financial services watchdog to operate as a Distributed Ledger Technology (DLT) provider. LMAX Exchange CEO David Mercer said: “We believe regulatory input is essential for the growth of the cryptocurrency market. LMAX Exchange Group has always supported regulatory oversight.”