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Malta's Prime Minister Tells UN That Crypto Is the 'Inevitable Future of Money'

Published 10/01/2018, 04:28 AM
Updated 10/01/2018, 04:40 AM
© Reuters.  Malta's Prime Minister Tells UN That Crypto Is the 'Inevitable Future of Money'

The Prime Minister of Malta, Joseph Muscat, has said that cryptocurrencies are the “inevitable future of money,” and that blockchain can galvanize a more transparent and equitable society. The Prime Minister made his remarks in a speech addressed to the general debate of the 73rd Session of the General Assembly of the U.N. September 27.

Muscat made a spirited case for the transformative, political impact of bleeding-edge technologies, saying that those who “pair the new digital economy with a new state – a digital state,” will be best poised “to create a future-proof society”:

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