Malta alerts Unregulated Crypto Broker

Malta, also the tiniest nation of European Union, earned the name as a Blockchain Island because several top crypto exchanges have made it a central hub of their operations. Malta Financial Services Authority (MFSA), on Wednesday, issued a warning against an unauthorized broker Originalcrypto, which runs brokerage service and solicits clients to trade on its platform without the license from MFSA.

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Malta alerts Unregulated Crypto Broker

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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