The Malta Financial Services Authority (MFSA) is giving the green light to a cryptocurrencies services firm

The Malta Financial Services Authority (MFSA) is giving the green light to a cryptocurrencies services firm

The leading global digital assets services firm, Bequant has obtained a license from MFSA.


7 Jan 2021 , 15:01 @ Matey Salt

The Malta Financial Services Authority (MFSA) is giving the green light to a cryptocurrencies services firm

The leading global digital assets services firm, Bequant has obtained a license from MFSA.
Malta

Malta is becoming another country that opens the door to digital assets. This happened after the Malta Financial Services Authority granted permission to operate both a prime broker and exchange for Bequant.

The CEO at Bequant, George Zarya does not hide his enthusiasm and says:

We are delighted to continue collaborating with the MFSA as the industry matures and more institutions enter the space needing a one-stop-shop to satisfy their needs. This decision shows Bequant’s commitment to bridging the gap between traditional finance and digital assets.

According to available information, Bequant Exchange Limited and Bequant Pro Limited were first registered in Malta on 31 Aug 2018. In the same year,  the Malta Financial Services Authority (MFSA) was one of the first regulators in the world to introduce a comprehensive regulatory regime for digital assets.

Read also: Sweden fears that the digital e-krona could undermine financial stability

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