Jonnie Emsley

All articles MoonPay has been granted in-principle approval for a financial license from the Malta Financial Services Authority (MFSA). 26 Feb 2021•by Jonnie Emsley MoonPay, a financial technology company building payments infrastructure for cryptocurrency, has been granted in-principle approval for the issuance of a Class 2 Virtual Finance Assets ("VFA") License from the Malta Financial Services Authority (MFSA).

Key metrics show that bulls may be betting heavily on Bitcoin as the coin reclaims ground from its late-February tumble in tandem with the global economy. Investors seem to be accumulating with real conviction. Bitcoin’s 7-day trading average volume as measured by the Bitwise 24-hour “real” spot volume index is at the highest level since June 2019, when BTC posted its high for the year at $13,764, according to Arcane Research.

As foreign currency markets take aim at decades-old lows against a soaring U.S. dollar, one might wonder where global citizens will turn if they are unable to flee to the greenback — whether on account of shortages, barriers to purchase, legal restrictions, or all of the above. To say foreign currencies are in a bad way right now would be a gross understatement indeed.