ZB.com, one of the world's top 5 cryptocurrency exchanges by trading volume, has announced plans to establish a new European operation in Malta—the self-proclaimed "Blockchain Island." This strategic move follows similar expansions by industry giants like Binance and OKEx, further solidifying Malta's position as a global crypto hub.
Why Malta? The Blockchain Island Advantage
Despite being a small Mediterranean nation, Malta has aggressively positioned itself as a leader in blockchain and cryptocurrency innovation. ZB.com will join this growing ecosystem by opening offices in St Julian's, Malta's bustling business district.
Jimmy Zhao, ZB.com's co-founder, expressed enthusiasm about the move:
"Malta is perhaps the world's most progressive and forward-thinking country in DLT, cryptocurrency, and fintech. We're thrilled to become part of the Blockchain Island community."
Malta's appeal stems from its clear regulatory framework—the Virtual Financial Assets Act (VFAA) and two additional crypto laws have already passed parliamentary review, with implementation set for October 1st. This contrasts sharply with many jurisdictions still grappling with cryptocurrency regulation.
👉 Discover how Malta is reshaping global crypto regulation
ZB.com's European Expansion Strategy
The exchange plans to:
- Initially offer crypto-to-crypto trading
- Gradually introduce fiat-to-crypto pairs
- Leverage Malta's EU membership for broader European market access
With average daily trading volumes exceeding $400 million, ZB.com brings significant liquidity to Malta's growing crypto economy. Their proprietary technology already powers several top exchanges, including EXX.com.
Malta's Crypto Ecosystem Growth
Silvio Schembri, Malta's Parliamentary Secretary for Digital Economy and Innovation, highlighted the economic impact via Twitter:
"More #blockchain business for #Malta. Welcome to the Blockchain Island! Expecting €20M+ investments and 150+ new jobs within 3 years."
This announcement comes amid a flurry of crypto-related activity on the island:
- Binance's Malta operations
- OKEx's European base
- DQR's new offices
👉 Explore Europe's fastest-growing crypto hub
FAQ: ZB.com's Malta Expansion
Q: What makes Malta attractive for crypto businesses?
A: Malta offers clear regulations, EU access, government support, and a growing ecosystem of blockchain companies.
Q: When will ZB.com launch its Malta operations?
A: While no exact date is specified, operations will commence after Malta's blockchain laws take effect on October 1st.
Q: How does this benefit European traders?
A: European users gain direct access to ZB.com's liquidity with potential fiat on-ramps and enhanced regulatory protections.
Q: What trading pairs will ZB.com Malta offer?
A: Initially crypto-to-crypto, with plans to add fiat pairs later.
Q: How significant is ZB.com's trading volume?
A: Consistently ranked top 5 globally with ~$400M daily volume.
Q: Will this create local jobs?
A: Yes—ZB.com anticipates hiring 150+ staff within 3 years.
The Future of Crypto in Malta
As more exchanges establish European operations in Malta, the island is rapidly becoming:
- A regulatory pioneer with the VFAA framework
- A liquidity hub connecting Europe to global crypto markets
- A talent center for blockchain innovation
ZB.com's expansion represents another milestone in Malta's ambitious plan to dominate the blockchain economy—a vision that's attracting major players despite the industry's typical summer slowdown.