Malta government declares that they still want to run a Blockchain island

Malta's financial watch dog forwarded last week with an unexpected remark. Apparently, Binance, a leading cryptocurrency exchange with local authorities, is not allowed to operate in the cryptocurrency domain, as the regulators ' press release stressed.

While the Malta financial services authority has yet to authorize any cryptocurrency company under the country's widely promoted cryptocurrency system, the statement signifies a deterioration in ties between the cryptocurrency sector and Maltese officials, who had claimed to operate a blockchain island.