Nick Calamatta | FinTelegram News

Tag: Nick Calamatta

Economics and Finance

March 17, 2023

Why? Malta’s Calamatta Cuschieri Selling Its Offices As Restructuring Is Delayed!

CC Finance Group plc reported heavy losses in its financial statements ending June 2022, as reported by Fintelegram. It now transpires that CC Finance Group, the company behind Calamatta Cuschieri, has entered into a promise of sale agreement to sell its offices in Valletta for € 3.15 million. No reason was given behind the sale of this building in Malta’s capital city. It was announced that a board of directors meeting shall be convened on 21 April 2023.

Economics and Finance

November 9, 2022

Bad Times! Huge Losses For Maltese CC Finance Group!

The Maltese CC Finance Group plc, which includes Moneybase and Calamatta Cuschieri Investments Services Limited, registered a loss of €869,000 for the year ended 30th June 2022. This has definitely been a bad year for the Calamata Cuschieri Group. After the year-end, Calamatta Cuschieri Investments Services was found guilty of not meeting the relevant regulatory obligations and ordered by the Maltese court to refund an investor more than €100,000.

Malta Financial Services Authority

October 18, 2022

Malta’s MFSA Refuses To Answer Questions On Calamatta Cuschieri’s Operations

Questions sent to the acting CEO of the Malta Financial Services Authority (MFSA), Michelle Mizzi Buontempo, have remained unanswered. Calamatta Cuschieri Investments Services Limited, a MFSA-licensed firm, has been named by a convicted criminal under oath in court, for dishing him out some €500,000 in cash. She was asked whether the MFSA considers such dodgy transactions as legal and if an investigation into Calamatta Cuschieri’s operations is being carried out.

Breaking: Former Austrian Finance Minister Karl-Heinz Grasser Goes to Prison And Into Personal Bankruptcy!

A corruption scandal unlike anything the European Union has ever seen: former Finance Minister Karl-Heinz Grasser has hit rock bottom. Following the final verdict in the largest corruption trial of the Second Republic, he now faces not only imprisonment but, as revealed today, has also filed for personal bankruptcy.

Stablecoins in DeFi: Pegs, Promises, and the Terra Collapse

Stablecoins are the lifeblood of DeFi. They promise the stability of fiat currencies with the flexibility of crypto—and serve as the core trading pair, collateral, and unit of account in decentralized finance. But when a stablecoin loses its peg, the entire system trembles. In this fifth installment of the FinTelegram DeFi Series, we explore the types of stablecoins, how they function in DeFi.

Financial Report: The Growing Importance of Stablecoins in Traditional Finance (TradFi)

With a total market capitalization exceeding $260 billion and transaction volumes surpassing $27.6 trillion in 2024, stablecoins are redefining payment infrastructure by offering speed, cost efficiency, and transparency. Recent developments, such as Visa’s deepened involvement in stablecoin infrastructure and Circle’s anticipated initial public offering (IPO), underscore the segment’s growing integration with TradFi.

Mastercard Bets Big on Stablecoins: Pioneering the Next Wave of Digital Payments and Outpacing Rivals

Mastercard is positioning itself as a leader in bridging traditional finance with digital assets through a comprehensive stablecoin strategy. By developing end-to-end infrastructure and forging key partnerships, the company aims to make stablecoins as usable as fiat currency for consumers and merchants – a move with significant implications for global payments.

EXPLOSIVE REVELATIONS: 20Bet’s GERMAN GAMBLING EMPIRE – AND REVOLUT’S SHADOWY ROLE IN ILLEGAL PAYMENT PIPELINE

The cyberfinance rating agency RatEx42 just published an explosive report. A toxic web of regulatory violations, money laundering risks, and consumer exploitation has been exposed in Germany’s underground gambling scene – with 20Bet at its core and Revolut allegedly fueling its operations. Fresh evidence suggests a brazen disregard for EU gambling laws, AML protocols, and Germany’s strict GlüStV regulations45.