Malta Denies Two Crypto Exchanges Have License to Operate By Cointelegraph

Malta Denies Two Crypto Exchanges Have License to Operate

The Malta Financial Services Authority, or MFSA, has issued an alert on March 25 about two crypto exchanges that do not have licenses to operate, nor are they regulated in the country.

COINMALEX and Crypto Foxtrades are the exchanges that the country’s financial watchdog alluded to in the statement, as both companies claimed on their websites that they had the necessary regulations and licenses to operate.

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