1. Importance of compliance

The irregular development of cryptocurrency industry or foreign exchange industry has seriously hindered the whole industry, especially in the bear market. Without compliance, there will be no trust, and there will be no entry of large funds. Any new thing will go from the barbaric growth stage to the compliance stage, and now it has passed the barbaric growth stage, and cryptocurrency cannot disappear. Therefore, only by doing a solid job in the field of compliance can we win the market, survive the cold bear market and break out in the next bull market.

2. The particularity of Malta

As a developed country in the European Union, Malta is the first "high-rated" country in the world to promulgate a comprehensive cryptocurrency supervision system, which benefits from its support and supervision experience for iGaming. Therefore, it is believed that Malta will quickly become a hot spot and a new economic center of cryptocurrency.

3. The value of the license itself

No matter in any country, the license is often relatively easy to obtain at the initial stage, and the cost is relatively low (for example, the private fund management license in China), but the later it is, the more difficult it is. Therefore, first-Mover advantage is very important.

Applicants need to have "appropriate and suitable" necessary presence (in terms of physical personnel) and board members/senior management. To this end, we can provide MFSA with acceptable "suitable candidates" and places where people can work. Our services include:

Local anti-money laundering reporting officials required by law;

Local compliance officer required by law;

Two resident directors are responsible for MLRO/ Compliance Officer and local directors;

Company secretarial services;

Attend board meetings and annual general meeting of shareholders;

Keep the minutes of the above meetings;