Malta’s Crypto Licensing Process Under Scrutiny by EU Regulators Malta, often hailed as a blockchain and cryptocurrency-friendly hub, is now facing increased scrutiny from the European Union regarding its rapid crypto approvals. The European Securities and Markets Authority (ESMA) recently conducted a review, revealing that Malta’s crypto licensing process may have overlooked crucial areas such […]
Ethena Labs shuts down German subsidiary amid regulatory pressure
Ethena Labs Halts Operations in Germany in Response to Regulatory Scrutiny Ethena Labs, a prominent player in the crypto industry, recently announced the closure of its German subsidiary, Ethena GmbH. This decision comes as a response to the escalating regulatory pressure faced by crypto firms in Europe, particularly in light of the impending full implementation […]