Binance shines light on Malta as crypto’s new tax haven

Good news for European Binance customers: The one-year-old cryptocurrency exchange based in Hong Kong is looking to set up shop on Malta The prime minister of Malta personally welcomed the crypto behemoth to the Mediterranean island nation between Sicily and Tunisia. The move may be good news for the EU’s wealthy, too. On Thursday, , the exchange got a slap on the wrist from Japan for operating without registering first. A few hours later, the company’s CEO, Zhao Changpeng, told Bloomberg that Binance will start a “fiat-to-crypto exchange” on Malta instead. Prime Minister Joseph Muscat personally tweeted his greeting to company: Welcome to #Malta 🇲🇹 @binance. We aim to be…