Another Top Crypto Exchange Moves to Malta

Viktoria Holubniuk Blog August 17, 2018 | 0

The South European island of Malta has caught another big fish in its net as it continues its journey to become the top jurisdiction for all-things crypto and blockchain in Europe.

According to a tweet from Silvio Schembri, junior minister for financial services in Malta, Chinese crypto exchange ZB.com has now become the latest crypto exchange to call Malta home. According to Schembri, the company has pledged to invest over 20 million euros and employ more than 150 people on the island over three years.

ZB.com, on its end, noted that the new exchange will be officially launched in September this year under the name ZBX.com, and that it intends to add EUR in its first fiat-to-crypto markets.