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PRESS RELEASE. CoinDeal is pleased to announce that it is now the first publicly known company to obtain a Class 4 Virtual Financial Assets License in Principle Approval from the Malta Financial Services Authority (MFSA). The exchange received the letter on December 16, 2020.

This makes it possible CoinDeal To provide the following VFA services to both experienced and inexperienced investors: operating a VFA exchange, dealing on own account, and holding and controlling clients’ assets and money.

Approval in principle means that the grant has received ‘approval in principle’ which is valid for three months from the date of receipt. During this time, the applicant must meet additional requirements for both pre-license terms and post-license terms. Once the application for a license is approved, the scholarship can officially obtain it.

The company is currently in talks with several private investors, funds and other market players about the potential investments needed to start global marketing and grow its 400,000 customer base.

Media contact: justyna.hurkala@coindeal.com


This is a press release. Readers should do their own due diligence before taking any action in relation to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or suspected of being caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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