The Malta Stock Exchange’s subsidiary company, MSX Plc, signed a memorandum of understanding with Binance earlier today. Finance Minister Edward Scicluna hailed it as a sign of progress to come.
The MOU was signed by the Chairman of the Malta Stock Exchange, Joseph Portelli, as well as the CFO of Binance, Wei Zhou. Binance is currently the world’s largest cryptocurrency exchange by trading volume.
Minister Scicluna congratulated the signatories, saying that this is a sign of the Malta Stock Exchange’s work towards further improving the Maltese economy, as well as expanding its own operations with international partnerships.