Search results for Malta Financial Services Authority
Crypto
Banks and regulators launch quantum-resistant crypto project
Responsible Finance Institute (RFI) and crypto custody infrastructure firm Safeheron have launched a pilot project to test a quantum-resistant cryptocurrency wallet and on-chain transfer infrastructure, Cointelegraph reported. Banks and financial regulators from Europe, the Middle East and Asia are participating. The project uses an MPC protocol supporting NIST’s ML-DSA-65 standard on a quantum-resistant NEAR testnet. RFI said regulators including ADGM, GFSO and MFSA have confirmed participation.
Crypto
OKX Europe CEO says 80 percent of unlicensed MiCA exchanges to exit after July 1
OKX Europe CEO Erald Ghoos warned that 80 percent of crypto exchanges that are not authorised under the EU’s MiCA regime will not survive. The European Securities and Markets Authority will ban unauthorised firms from serving EU customers from July 1. Ghoos said 60 percent of European crypto users rely on platforms without MiCA authorisation and most of them have no way to obtain approval.
Crypto
Malta proposes DeFi rules including DAOs under MiCA framework
Malta\'s Financial Services Authority has begun work on a regulatory framework for decentralised finance that includes decentralised autonomous organisations, according to a Cointelegraph report. The authority published a discussion paper on June 12 under the EU\'s Markets in Crypto-Assets Regulation and will accept industry feedback until July 10. It proposes recognising DAOs as a type of software-based organisation and separating rules for organisations from regulation of underlying protocols and software.
