Socios.com Secures In-Principle Approval for Virtual Financial Assets License from Malta’s MFSA

A serious regulatory achievement, Socios.coma number one sports activities platform among the many Chiliz grouphas obtained approval in precept of the Malta Monetary Providers Authority (MFSA) for one Class 3 Digital Monetary Property (VFA) license. This approval, introduced by way of a press launch on Chiliz’s official web site, permits Socios.com to function as a regulated digital monetary asset service supplier in Malta. This strategic transfer not solely positions Socios.com inside Malta’s dynamic fintech regulatory framework, but additionally aligns the platform with upcoming EU-wide compliance requirements beneath the Crypto Asset Markets (MiCA) regulation.