Bitstraq Exchange announced on Saturday that it had received one of the first crypto exchange licenses under Malta’s new Virtual Financial Asset (VFA) law. Under this law, which took effect on November 1, 2018, Bitstraq’s VFA Class 4 license allows it to provide cryptocurrency and token trading services. The company now offers a platform where investors can bet on five pairs that include major cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. The exchange operator plans to add more coins and tokens. Moreover, Bitstraq is keen to enter and dominate the security token market.
Speaking about the new license,...
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