Saturday, May 2, 2020

Malta's financial regulator says ~70% of crypto and blockchain startups applying for a license have given up; insiders say Malta's regulations are too stringent (Adriana Hamacher/Decrypt)

Adriana Hamacher / Decrypt:
Malta's financial regulator says ~70% of crypto and blockchain startups applying for a license have given up; insiders say Malta's regulations are too stringent  —  Approximately 70% of the crypto and blockchain startups which completed the first stage of the application process failed …



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Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war (Tracy Qu/Wall Street Journal)

Tracy Qu / Wall Street Journal : Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third st...