Day by day crypto world is moving to Malta by attraction of their friendly relation with crypto
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Hi Everyone,
The CEO and founder of Binance, Changpeng Zhao announced that the company has set up an account in Malta, in an interview with Cointelegraph, june 6th.
Binance is the world largest crypto exchange ( Okex beat some time ) by their 24 hour trading volume of more than $150b, as per Coin Market Cap.
Binance was planing to offer fiat to crypto deposits and withdrawals on their platform and after this move Binance is one step closer to their plan.
This feature will improve liquidity and will give facilities to new users to enter in the crypto market with fiats. Malts is establishing himself as a heaven if blockchain.
Zaho also said that he hoped fiat to crypto trading on binance will launch in Malta with in a year and also plans to offer to Uganda and Asia too. He also consider Malts as one of the best place for blockchain firms. Malts is a blockchain island.
Matla is becoming blockchain island and India is banning crypto. Indian exchange also asked RBI to postpone the last date of 5 july to august month. Don't know what will happen, we have to wait for the decision. Indian exchanges like zebpay can also make a move to Malta.
Please do not take it as a financial advise. THIS IS NOT A BUY REQUEST. It is just my analysis,opinion and result of readings. So before investing in any Crypto currency, do your own research first. I will not be responsible for any losses
Thanks for reading...
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