Why do you choose the Malta encryption companies to license Mika star-news.press/wp

European Union officials are concerned that Malta is developing a lenient reputation for Mika’s license and attracting encryption companies to the island. However, Germany is still leading the European Union in Mika licensing requests.

There are no specific allegations that the country runs out of law, but officials are concerned about possible neglect. However, the European Union needs to remain an attractive destination or risk to abandon the encryption industry.

Is Malta a paradise to comply with mica?

Mika, a historical piece of the European Union, has already caused the encryption of the ecosystems system for encryption on the continent. For example, the main players in the industry like Tether out of the market due to licensing issues.

according to France 24Many encryption companies are heading to Malta to meet the licensing requirements based on the belief that they will agree to it without trouble:

“From time to time, we see access to our market, through the passport (Mika), the products that some of our colleagues have approved, let’s say, somewhat fast signature,” Mary Ann Parbat Layyan, head of the Financial Markets Authority in France (AFP) claimed. These statements were delivered in a certificate of the French Senate.

Investigating the port of this certificate without accusing Malta, the arrest of Mika. He pointed out that the country began accepting requests several months before the members of the European Union, and that Malta is working to handle the papers quickly.

None of its reports indicate that the nation fails to fulfill its duties. He also claimed that Malta became common in this industry.

This idea, at least, is very easy to check for difficult data. Home companies such as OKX and Crypto.com have created offices in Mica’s registration, and many smaller companies do the same.

Encryption Companies in public hunting For the Maltese teams and sale Maltese business licenses and social media Gossip It reflects this reputation.

However, there is one main elephant in the room. If these allegations are correct, is this bad thing? European Union organizers are certainly concerned about unacceptable behavior, but the bloc has other concerns.

Tether barely affected the exclusion of the mica, and Europe may become peripheral for the global encryption industry. Does the European Union want to remove these companies?

Moreover, it is possible that there will be an effect on fear about the effect of Malta on Mika. The popularity of the nation grows in the field of encryption, but Germany is still leading in Mika records.

The French media quoted several encryption experts whose name was not revealed that the German compliance with Mika is comprehensive. However, not everyone has time or patience for that.

“There is always a danger that someone tries to find the lowest entry point to Europe,” Stefan Pontoyzo, another official in France in France, claimed.

This means that MICA has caused a lot of anger, and Malta may be able to reduce some of these concerns.

Compared to Germany, the local economy in Malta is much smaller, and European encryption developers will need to interact with the continent’s commercial infrastructure. The current situation looks stable now.