Regulations

Story: Malta in Progressive mode – What Gaming did to Malta repeats with Blockchain Cryptocurrency…

By Dan Saada

1 / 9

Malta Financial Services Authority (MFSA) have recently approved 14 Virtual Financial Agents.

2 / 9

Dr. Christopher Buttigieg, MFSA stated, “The issuance of the in-principle approval is an important milestone in MFSA’s effort to becoming the regulator of excellence in the field…

3 / 9

Malta is evolving to be the hub for the cryptocurrency industry along with Gibraltar.

4 / 9

There is a lot of discussion going on about discriminating between the blockchain technology and the cryptocurrency.

5 / 9

With the common options provided being Mauritius, Seychelles, Isle of Man, and Malta; a vast majority are showing preference to Malta.

6 / 9

Malta has been one of the earliest among companies to welcome this new form of currency.  Several larger countries were hesitant to adopt cryptocurrency companies and the…

7 / 9

The online gaming industry contributed to a great deal to the economy of Malta.  A similar trend is happening with Malta similar to that in the cryptocurrency industry.

8 / 9

Joseph Muscat, the President of Malta, stated, "Blockchain makes cryptocurrencies the inevitable future of money, more transparent since it helps filter good businesses from bad…

9 / 9

This is one of the major reasons why the CEO of Binance got into action, and they set up an office in Malta.  The country overall has a progressive approach to Fintech.

The Currency Analytics

Want the full story?