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Binance’s $33M charity gift becomes Malta’s political minefield

Cointelegraph•Tuesday, October 21, 2025 at 1:47:45 PM
NegativeCryptocurrency
Binance’s $33M charity gift becomes Malta’s political minefield
Malta's political landscape has become complicated following Finance Minister Clyde Caruana's support for a government charity's decision to decline a $33 million donation from Binance. The rejection stems from concerns about the cryptocurrency exchange's reputation, highlighting the ongoing scrutiny and challenges faced by crypto entities in the region. This situation is significant as it reflects the tension between the potential benefits of large donations and the reputational risks that come with them, raising questions about the future of cryptocurrency involvement in charitable efforts.
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