The ongoing saga of US cryptocurrency and blockchain regulation seems to be never-ending. It first became a hot topic in light of the ICO boom of 2017 and 2018, as the SEC started to zero in on the likelihood of unregulated sales of securities. Since the recent bull run on Bitcoin and Facebook’s subsequent Libra announcement, crypto regulation is once again a heated talking point for the US regulators. However, although discussions continue to rumble on, there’s still no firm end in sight.
A huge errata corrige is needed: Binance hasn’t based his headquarters in Malta ! They said they would, but they didn’t. The reason is because Malta is a big scam on a lot of things. One of them is the so called “blockchain island”: banks do not allow any kind of business to be opened in the “blockchain” sector, and without a bank you can’t start a business. They hide a lot of things happening here because of their bad reputation in lack of controls, when the true is they do so much of them that is impossible for us to just setup a business. Everything here is the opposite of the things you can read around. And Binance is not here, at all !!!. Source: I live in Malta and I’m a blockchain dev.