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0 pointspjc506y ago0 comments

Binance is in Malta, a somewhat corrupt tax haven; are you sure it's illegal there?

0 pointspjc506y ago0 comments

Binance is in Malta, a somewhat corrupt tax haven; are you sure it's illegal there?

0 comments

5 comments · 1 top-level

garmaine6y ago· 4 in thread

Malta is in the EU.

baq6y ago

This doesn’t guarantee much in itself. A journalist was murdered there for investigating corruption not that long ago.

And the prime minister’s chief of staff was just arrested over that. Just because illegal stuff happens doesn’t mean there aren’t laws against it.

pjc50OP6y ago

OK, so which EU directive are we dealing with here? Which regulator does Binance answer to?

Their local financial regulator. But the point is EU directives force harmonization of laws governing financial exchanges.

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