Another Reason Why Malta Is The Most Desirable Crypto Location

Despite August being a terrible month for cryptocurrencies and it’s a very slow month for business in general; Malta seems to be working hard and yet again proving that is the most desirable crypto location in the world.

The world’s fifth largest crypto exchange (that is by daily trading volume) is now planting its roots in this amazing blockchain island of Malta. ZB.com will operate all around Europe and will launch a brand new exchange in Malta. This company will open its office in St. Julian’s business center right in the center of Malta. Not only ZB.com is interested in coming to this island. Exchanges such as Binance, DQR, and OKEx are also opening offices in Malta.

The Secretary for Digital Economy and Innovation, Silvio Schembri, announced that this is yet another great addition to Malta’s blockchain family and a great opportunity to position itself as a leading cryptocurrency country. ZB.com will start as a crypto-to-crypto exchange but will eventually work hard to offer fiat-to-crypto options via the new platform. Malta is a very progressive country and the nation is really into crypto and groundbreaking technologies so this is why companies choose this place to develop blockchain businesses. Other countries, however, are hesitating to join the crypto space or are stuck with regulation. Malta, on the other hand, implemented two crypto bills that actually passed in the parliament.

ZB.com is a cryptocurrency exchange for now and won’t allow other types of tradable assets. This company will pave the way for other companies to come to the best blockchain location in the world.