Malta Disputes Crypto Arbitrage Hub Arbitly’s Registry Claims – Yahoo Finance


Malta’s Financial Services Authority (MFSA) is calling out Arb Signals LTD, which describes itself as a cryptocurrency arbitrage trading platform, for claiming to be registered in Malta.

  • Arb Signals, otherwise known as Arbitly, “is NOT a Maltese registered Company NOR licensed” to handle crypto in Malta, MFSA said Thursday.

  • Arbitly’s website describes a platform that does away with other crypto exchange’s “remarkable market problems.”

  • It also claims the business is registered at a “beautiful office in central Malta.” Maltese authorities say otherwise.

  • Arbitly did not immediately respond to CoinDesk requests for comment.

  • MFSA routinely flags bogus claims by crypto brokers.

Related Stories



READ SOURCE

READ  How the Steem Saga Exposes the Dangers of Staking Pools - Cointelegraph

LEAVE A REPLY

Please enter your comment!
Please enter your name here