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A large number of crypto startups have located themselves in Malta. Malta’s openness towards cryptocurrency and blockchain innovation combined with its lax banking laws and crypto-friendly regulations has led to the country being dubbed ‘blockchain island.’ Despite Malta’s push to become the go-to hub for all things blockchain, it has not been effortless for crypto startups on the “blockchain island.” According to a report by the Times of Malta, crypto startups that have incorporated in Malta have struggled to open business bank accounts. Despite the government’s desire to attract as many blockchain companies as possible, several Maltese financial institutions have been reluctant to provide these businesses with bank accounts as many of them are outside of their “risk appetite”. Read the details on Brave New Coin

Karen Holleran

Karen Holleran

Karen Holleran Editor @aikarensf Karen is a proud third generation San Franciscan, and has worked in various positions including developer relations, winemaking, freelance writing, and as a teaching assistant for autistic children. She is passionate about disruptive tech, artificial intelligence, cryptocurrencies, and blockchain technology. She is excited at how these technologies can improve the quality of life for people globally. When Karen isn’t busy discovering new things, you can find her enjoying the diversity of the Bay Area, keeping up to date on the latest tech news, or relaxing at home with her beloved rescued cat.

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