The Malta Financial Services Authority Grants Class 3 License to Exchange
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Crypto exchange has just announced it has received a class 3 license from the Malta Financial Services Authority (MFSA), the platform has reported via an official statement.

It must be noted that obtaining this license can be considered a milestone for the cryptocurrency sector in the European Union.

Now the platform has been granted this license, it must comply with stricter governance, compliance and security requirements.

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The exchange had been operating until now under a transitional legal framework within the regulatory framework of the country, which is one of the few in the EU to have developed a clear crypto regulation.

Kris Marszalek, co-founder and CEO of, has said the company "has long believed that building a fully regulated business is the best way to accelerate the world’s transition to cryptocurrency."

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