The Malta Financial Services Authority (MFSA) has approved its first 14 crypto assets agents that previously sought for a license, according to an official statement published today, April 2.
The approval comes five months after the Virtual Financial Assets Act (VFA), adopted by Maltese government last year, came into power. According to local newspaper the Times of Malta, over 250 applications were initially filed by lawyers, accounts and auditors. However, nearly two thirds of them failed to pass the official assessment process.
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