TheBlock
2020-06-05 21:30:10

Binance-backed, crypto-friendly Founders Bank is still waiting to receive a license in Malta

Quick TakeBinance-backed Founders Bank has yet to win a license in Malta even though it originally expected to have one by 2019The project also slashed its funding target due to lack of a regulatory timelineThe delays may stem in part from changes to the political landscape in Malta, which the crypto community has dubbed “Blockchain Island”

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