Cryptocurrency exchange has received an electronic money institution (EMI) license in Malta.

  • The Hong Kong-based exchange is the first crypto platform to receive an EMI license from the Malta Financial Services Authority (MFSA), according to an emailed announcement Thursday.
  • The license allows the exchange to offer payment cards and bank transfers in the Mediterranean country.
  • received a Class 3 Virtual Financial Assets (VFA) license in May, having been granted preliminary approval in November.
  • CEO Kris Marszalek said looks forward to "securing licenses in every country we operate in."
  • That is likely to be more complicated in other European countries compared with crypto-friendly Malta.

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