“As the digital asset space explodes globally, the need for clear and meaningful regulation is more important than ever,” said CEO and Founder at Xcoins Rob Frye, reacting to the news that the company has received an In-Principle approval for their Class 3 VFA License issued by Malta Financial Services Authority (MFSA).
“Our commitment to building a fully regulated business is now one step closer to realisation. Being one of the first cryptocurrency platforms to receive In-Principle approval by the MFSA for a Class 3 VFA license is a historic milestone for Xcoins. We look forward to serving customers globally and securing additional licenses throughout 2021.”
Xcoins, which is based in Santa Venera, is among only a handful of cryptocurrency exchanges to have been granted this regulatory milestone, in recognition of internal policies and processes which are in line with the highest standards in the industry.
“Xcoins had fabulous growth since their first time contacting DWP VFA Agent Ltd. After a lot of hard work, they are now a step closer to being licensed by the Malta Financial Services Authority. I am incredibly proud to have been part of their application process and also very excited to see what the future holds,” continued Dr Rebecca Misfud, VFA Agent at DWP.
Franco Calleja appointed Head of Customer Protection at FDJ United
The iGaming professional brings with him more than 15 years of experience in different roles.
From tax credits to advisory support, the benefits of registering as a family business
Family Businesses eligible to receive an additional €20,000 tax credit under the Micro Invest Scheme.
CMA CGM VP describes Malta as ‘a strategic hub’ as massive ship arrives at Freeport
This arrival reflects the 'strong and longstanding ties” between CMA CGM and Malta,' he said.
€12,000 raised for Richmond Foundation during Maypole director’s birthday celebration
Ahead of the event, Mr Debono encouraged guests to make a donation to the Richmond Foundation.
