Wagerr partners with ICOinMalta and iGamingAdvisors to obtain gaming license in Malta

In 2017, Wagerr introduced a new, decentralized approach to sports betting that immediately grabbed the attention of both the blockchain world and the sports betting industry. The initial offering surpassed initial expectations, triggering contingency rounds that were, in turn, completely sold out.

Bitfinex, one of the world’s largest cryptocurrency exchanges, is reportedly planning to move out of its current base in Hong Kong over to Switzerland.

German-language Swiss newsweekly Handelszeitung is reporting that Hong Kong-based Bitfinex is already in talks with Swiss authorities over a move to Europe. Switzerland is at the top of the list of potential destinations while London is also being considered as an alternative, the report added.

The publication directly cites Bitfinex CEO Jean-Louis van der Velde in revealing the potential move, with ‘several meetings’ between Bitfinex officials and Switzerland’s State Secretariat for International Financial Affairs (SIF) already having taken place. Bitinfex has also been in contact with Johann Schneider-Ammann, head of Switzerland’s Federal Department of Economic Affairs, Education and Research. Speaking at a conference earlier this year, Schneider-Ammann has previously called on Switzerland to further its industry-friendly regulatory climate to become the world’s ‘crypto nation’.

Binance and Malta

Last week, Binance, easily the biggest digital currency trading platform with a $1.4 billion daily trading volume, moved out of Asia and relocated to Malta, a country within the European Union. In its official statement, the Binance team and its CEO Changpeng Zhao, better known to the community simple as CZ, stated that they agree on the government of Malta’s long-term aim to evolve the country into “The Blockchain Island.”