Malta Financial News

StablR, a euro stablecoin startup that began operating just over a year ago, has successfully raised €3.3 million ($3.5 million) in a seed funding round.

Malta on Saturday, with the participation of more than 65 countries — but not Russia, Maltese and Ukrainian officials said. The two-day meeting of national security delegates is the third round of such talks in recent months.

Animation Is Film festival has revealed its 2023 award recipients, with "Chicken for Linda!" helmed by Chiara Malta and Sébastien Laudenbach taking home the prestigious grand prize along with the audience award. The acclaimed film «Robot Dreams» directed by Pablo Berger secured the special jury prize.

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Cyprus authorities would soon impose hefty penalties on crypto asset service providers (CASPs) that are found offering services without registering with the country’s regulator – the Cyprus Securities and Exchange Commission (CYSEC).

(Reuters) — Contract chipmaker GlobalFoundries said on Monday it has submitted applications for funding under the U.S. CHIPS act to expand capacity and modernize its local manufacturing facilities.

The European Parliamentary Research Service (EPRS) highlighted the need for tighter oversight from non-European Union regulators to ensure greater stability and development in the global cryptocurrency market.

Cryptocurrency-friendly brokerage firm eToro is expanding its crypto services worldwide after securing new regulatory approval in Europe.

G20 summit in Delhi on September 9th and 10th—an unprecedented absence. But on September 16th and 17th Wang Yi, who succeeded Mr Qin as foreign minister in late July, met America’s national security adviser, Jake Sullivan, in Malta. According to Bloomberg, they discussed a possible meeting between Mr Xi and President Joe Biden at a gathering of Asia-Pacific leaders scheduled for November in San Francisco.

On Sept. 18, Malta's Financial Services Authority (MFSA) initiated a public consultation to harmonize its crypto regulations with Europe's Markets in Crypto-Assets (MICA) regulations, slated to become effective in December 2024.

SINGAPORE—China’s top diplomat was set to begin a four-day visit to Russia after a surprise stopover in Malta for weekend talks with White House officials, as Beijing lays the groundwork for separate meetings between Chinese leader Xi Jinping and his U.S. and Russian counterparts.

Malta’s Financial Services Authority (MFSA) has begun public consultation over changes in its crypto regulations in order to align with Europe’s Markets in Crypto-Assets (MICA) regulations set to take effect in December 2024. The public consultation period is open until Sept. 29.

The majority of Bittrex US customers are leaving money behind by failing to claim their assets. 

Derna, sweeping thousands to their deaths, the international aid effort gained pace on Sunday to help the grieving survivors. Search-and-rescue teams wearing face masks and protective suits kept up the grim search for any survivors who may still be trapped in the mud-caked wasteland of smashed buildings, crushed cars and uprooted trees. Traumatised residents, 30,000 of whom are now homeless in Derna alone, are in dire need of clean water, food, shelter and basic supplies amid a growing risk of cholera, diarrhoea, dehydration and malnutrition, UN agencies warn. «In this city, every single family has been affected,» said one resident, Mohammad al-Dawali. Seir Mohammed Seir, a member of the security forces, spoke of a three-month-old girl who lived through the tragedy: «Her entire family died, she was the only one who survived.» Emergency response teams and relief goods have been deployed from France, Iran, Malta, Russia, Tunisia, Turkey and the United Arab Emirates, with more on the way from multiple other European and Arab nations. The aid effort has been hampered by the political division of Libya, which was thrown into war and chaos after a 2011 NATO-backed uprising led to the overthrow and killing of veteran dictator Moamer Kadhafi. The oil-rich North African country now remains split between two rival governments — a UN-backed administration in the capital Tripoli, and one based in the disaster-hit east. Amid the chaos, the true death toll remained unknown, with untold numbers feared swept into the sea. The health minister of the eastern administration, Othman Abdeljalil, has said that 3,252 people were confirmed dead in Derna, where corpses wrapped in blankets and in body bags have lined squares and streets. The UN

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covid-19 pandemic and legal complexities raised by various stakeholders. In October 2020, the Murari Lal Jalan-Kalrock Capital consortium emerged victorious in the bid, earning approval from the Committee of Creditors (CoC) and the NCLT. Their revival plan involves injecting ₹475 crore within the first two years and raising ₹125 crore through the sale of non-core assets by the end of the first year.

The number of people buying crypto assets in Latvia is declining, Latvijas Banka said in its 2023 “Financial Stability Report."

One morning in late June, criminal agents from the Internal Revenue Service made unannounced visits to dozens of wealthy Americans. They carried summonses and wanted to ask about pension plans in Malta on the IRS “Dirty Dozen” scams list.

Major cryptocurrency exchange Binance has announced the launch of a Japan-based arm roughly two years after receiving a warning from the country’s financial regulator.

Wealthy Americans who don’t pay their fair share of taxes are being warned that officials are intensifying their crackdown.