Crypto Corner: Malta - The 'Blockchain Island'; Stocks discussed: Fineqia International Inc. FNQ
PR Newswire
POINT ROBERTS, WA and DELTA, BC, Oct. 4, 2018
POINT ROBERTS, WA and DELTA, BC, Oct. 4, 2018 /PRNewswire/ - Investorideas.com, a leader in crypto and blockchain investing news reports on what's driving the cryptocurrency markets with today's edition of Crypto Corner, also available in podcast.
Listen to today's Crypto Corner Podcast:
https://www.investorideas.com/Audio/Podcasts/2018/100318-Malta-CSEFNQ.mp3
Get the Crypto Corner Podcast on iTunes
Malta - The 'Blockchain Island'- Stocks discussed: Fineqia International Inc. FNQ
"I passionately believe technology revolutionizes and improves systems. This is why in Malta, we have launched ourselves as the blockchain island. By being the first jurisdiction worldwide to regulate this new technology that previously existed in a legal vacuum. Blockchain makes cryptocurrencies inevitable future of money. More transparent it helps filter good business from bad business."
These are just some of the words spoken by Joseph Muscat, the Prime Minister of Malta, at the 73rd session of the U.N.'s General Assembly on Sept 27. The tiny Mediterranean island nation has earned the nickname 'Blockchain Island,' - particularly over the past year - after attracting a spate of significant crypto and blockchain companies to set up offices on its shores and passing three landmark bills that provide a regulatory framework for the blockchain space back in June.
In an interview published by Forbes in July, Malta's Junior Minister for Financial Services, Digital Economy and Innovation, Silvio Schembri, explained how the government's "principles-based approach" enables them to discern the potential of the technology that might elude others.
"Presently, other jurisdictions are looking at what is written in the white paper to see if it is a certified document. However, it is the technology behind the white paper that matters the most and tends to be overlooked. If the technology is flawed, the product won't deliver what is stated in the white paper. We are looking heavily at the technology behind these blockchain-focused companies."
Schembri's assertion of Malta's pro-technology vision was corroborated by Fineqia International, Inc. (((FNQ) Chief Executive Officer (CEO), Bundeep Singh Rangar, in a press release in August 2018. He announced his company's blockchain and crypto subsidiary, Fineqia Investments Limited, would be established on the island:
"Malta ticks a lot of boxes as a pioneering crypto-friendly regime. Choosing a jurisdiction where the legal and regulatory framework is in sync with emerging technologies and new financial instruments is as important as selecting sound investment opportunities in the first place."
Fineqia joins many other companies who have made the move to Malta, including crypto exchange giants Binance, OKEx and ZB.com (ranked #1, #3 and #4 respectively by volume according to CoinMarketCap). Patrick O'Brien, Communications Director of investment services company Exante, commended the ease of access to Maltese officials as opposed to his native Ireland:
"Malta's biggest advantage over Ireland is that, being in a small economy, access to senior government figures, regulators and other decision makers is relatively straightforward. For companies like Exante, this is vitally important. As an online broker with a solid and transparent framework, our brand is of the utmost importance; having strong upfront relationships with our partners makes this easy."
All of this energy coalesces on November 1st and 2nd at the Malta Blockchain Summit that will bring together 200 sponsors and exhibitors, including 5000 delegates.
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
Get the Crypto Corner News by email Get Crypto Corner News
About Fineqia International
Fineqia International is a listed entity in Canada (((FNQ), the US FNQQF and Europe (Frankfurt: FNQA). Fineqia International outlines the Company's corporate governance, culture, processes and relations by which the Company and its subsidiaries are controlled, directed and governed. It oversees and ensures the overall success, planning and growth of the Company and all of its subsidiaries and investments, including those propagating blockchain technologies. For more information visit: https://investors.fineqia.com/news.
About Fineqia Limited
Fineqia provides a platform and associated services to support security issuances and manage administration of equity and debt securities. It acts as a broker bringing an issuing company's securities to market, distributing and marketing them as well as transparently highlighting the risks and objectively outlining opportunities involved. For more information visit www.fineqia.com
More info on the sector:
Investor Ideas is positioning as a leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com
For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory
Talk about the sector with other companies and investors- Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073
About Investorideas.com - News that Inspires Big Investing Ideas https://www.investorideas.com/
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the Stock Guru daily podcast on Support and Resistance Trading.
The Crypto Corner is part of the Investor Ideas Membership content
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.com:
https://www.investorideas.com/Audio/
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: newsletter and podcast is sponsored content by featured companies NXt-ID NXTD on behalf of Flip and GBT Technologies. More info: http://www.investorideas.com/About/News/Clientspecifics.asp. FNQ is a paid PR, news and social media client on Investorideas.com
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.
Copyright and ownership: Crypto Corner is an Investorideas.com content brand
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Learn more about sponsoring the crypto corner and other branded content
Learn more about our news, PR and social media services at Investorideas.com
https://www.investorideas.com/Investors/Services.asp
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
View original content to download multimedia:http://www.prnewswire.com/news-releases/crypto-corner-malta---the-blockchain-island-stocks-discussed-fineqia-international-inc-cse-fnq-cn-300724506.html
SOURCE Fineqia International Inc.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
