In a letter to member states advising how to spend EU funds, the European Commission flagged Malta’s burgeoning cryptocurrency sector as a potential weak link in the fight against financial crime.
the EU is really on a roll, aren't they? we're seeing ugly changes left and right because of their AML directive and renewed pressure on crypto companies. i'm assuming this pressure is why localbitcoins just removed the option to list p2p cash trades.
now they're probably gonna pressure malta to pass more restrictive crypto regulations. after watching binance, okex and others set up there as a sanctuary from their former regulators, i figured that might happen.