Binance-backed, crypto-friendly Founders Bank is still waiting to receive a license in Malta

Quick Take

  • Binance-backed Founders Bank has yet to win a license in Malta even though it originally expected to have one by 2019
  • The project also slashed its funding target due to lack of a regulatory timeline
  • The delays may stem in part from changes to the political landscape in Malta, which the crypto community has dubbed “Blockchain Island”

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Binance-backed, crypto-friendly Founders Bank is still waiting to receive a license in Malta written by Yogita Khatri @ https://www.theblockcrypto.com/daily/67519/binance-backed-crypto-friendly-founders-bank-is-still-waiting-to-receive-a-license-in-malta?utm_source=rss&utm_medium=rss June 6, 2020 Yogita Khatri

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