Malta Becomes The World’s First “Blockchain Island”

Malta’s Junior Minister for Financial Services, Digital Economy and Innovation, Silvio Schembri, noted that the passing of the new laws in Malta mark an important milestone in which companies will be provided with the necessary tools to operate in a regulated environment.

July 4, 2018 marks a historical day for Malta, as the Maltese Parliament has officially passed 3 bills into law, establishing the first regulatory framework for blockchain, cryptocurrency and DLT (Distributed Ledger Technology). This makes Malta the first country in the world to provide an official set of regulations for operators in the blockchain, cryptocurrency and DLT space.  Read the entire article here at Forbes.com.

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