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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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)
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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)
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