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Maltese Cryptocurrency Law is Set to Take Effect on November 1, 2018

Published 09/26/2018, 12:04 PM
Updated 09/26/2018, 01:20 PM
 Maltese Cryptocurrency Law is Set to Take Effect on November 1, 2018

While other jurisdictions around the globe are either cracking down on cryptocurrencies and ICOs or adopting a hide-wait-and-see approach, the Mediterranean island country and smallest member of the European Union is creating a comfortable regulatory environment for the newly born industry that can become the next big thing after the Internet and disrupt almost every aspect of our everyday life.

In July, the Maltese government approved three bills that provided a regulatory framework for cryptocurrency and blockchain industry.

After a period of consultations with Malta Financial Services Authority (MFSA) and Malta Digital Innovation Authority (MDIA), the government...


This article appeared first on Cryptovest

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