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In a recent interview, a Malta parliamentarian has sought to clarify the legal status of top cryptocurrency exchange Binance within the island country. Speaking to Cointelegraph, Malta’s Junior Minister for Financial Services and Digital Economy, Bartolo Clayton, reaffirmed that Binance has never been licensed in the jurisdiction: “As informed by the Malta Financial Services Authority, which is an autonomous body not a state entity, until the time of writing, Binance has never been in possession of an official license by MFSA. Such statement has been further corroborated by Changpeng Zhao, CEO of Binance, on his personal Twitter account where he also stated that Malta has not changed its position.” The minister also sought to dispel notions that Malta has retreated from its permissive stance toward business operating with cryptocurrencies: “This therefore DOES NOT mean that the Government has in some way or another introduced a harsher or more stringent stance towards cryptos, but merely an authority stating facts. On the contrary, the Government of Malta is committed to consolidate blockchain together with other niche sectors. It is the Maltese government’s belief that we believe that more synergies between these emerging sectors should be explored and encouraged in order to reap and exploit their benefits. Moreover, the Government of Malta is opting for an overarching and holistic strategy for the Digital, Financial and Innovative services in Malta. More details about the new strategy will be disclosed in the coming months.” Please follow me for more cryptocurrency news & educational content. Source: Cointelegraph News Important: I don't own copyrights, this is for EDUCATIONAL PURPOSES ONLY. I do not own ANY of the soundtrack, property and rights for audio/ video go to the OWNER. If any content owners would like their images/video removed, please message me and I will do so. No copyright infringement intended. Copyright reserved to the respected owner(s) of this video and copyright parties.