Malta’s Gaming Shield Faces Second EU Legal Setback in a Week
An April 23 non-binding opinion from an Advocate General of the Court of Justice of the European Union has found Malta’s Bill 55 incompatible with EU law, marking the second…
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EU’s Highest Court Backs German Player’s Right to Reclaim Gambling Losses From Malta-Licensed Operator
The Court of Justice of the European Union ruled on Wednesday that EU member states can prohibit specific online gambling services even when operators hold licenses from other EU countries.…
Gate Obtains Malta Payment Institution License to Expand European Stablecoin Infrastructure
Gate has secured a Payment Institution license from the Malta Financial Services Authority, enabling the exchange to provide regulated payment services across the European Union. Gate announced on February 26,…
Gemini Receives MiCA License From Malta Financial Services Authority, Expanding Crypto Services Across Europe
Gemini has announced that it has received its MiCA (Markets in Crypto Assets) license from the Malta Financial Services Authority (MFSA), enabling its regulated expansion across Europe. This approval allows…
Report: Crypto Casino Industry Soars to $81.4 Billion in Revenue, Outpacing Traditional Gambling
A recent Financial Times report highlights the remarkable growth of the crypto casino industry, which has reached an impressive $81.4 billion in gross gaming revenue (GGR) in 2023, a fivefold…
OKX Fined $1.2 Million by Malta’s FIAU for Anti-Money Laundering Failures
Okcoin Europe Ltd, the European subsidiary of OKX Exchange, has been fined $1.2 million (€1.05 million) by Malta’s FIAU for anti-money laundering and compliance failures in 2023. The company has…
Malta begins public consultation on revised crypto rules to align with MiCA
Malta has joined France and other EU nations in revising its existing crypto regulatory policies to align with MiCA, which comes into effect in December 2024.
Malta financial watchdog approves Iconic’s crypto index fund for stock market listing
Iconic Funds claims its index fund will be Europe’s first with direct exposure to crypto assets listed on a regulated market.
Crypto Exchange Bitbay Passes Audit Under Estonia’s Tougher New Regulations
Bitbay has become a fully licensed cryptocurrency exchange in Estonia which introduced stricter rules for the industry last year. The European trading platform has recently passed an independent audit that…