Prime Minister of Malta confirms – Parliament will pass three cryptocurrency bills

janisrijnieks (41)in #news • 6 years ago

Malta, a mediterranean island in Europe, is quickly becoming the capital of blockchain and cryptocurrencies in general. Theses three bills covers the regulation of initial coin offerings (ICO's), guidelines for cryptocurrency exchange operators in Malta and the regulation of cryptocurrency and blockchain sector in general.
“This is the last stage of the legislation that will put Malta on the international map for blockchain and crypto regulation. There is political consensus on this roadmap and we are foreseeing that this area will be the mainstay of our economic growth for the next 4-5 years” said the Parliamentary Secretary for Digital innovation and Finance Silvio Schembri.
From previous sources, we already know that Binance has relocated their head office to Malta earlier in March and now OKEx has established their presence in Malta as well. So now, two of the top exchanges in the crypto space are located in Malta, and this fact speaks for itself, that Malta is the worlds friendliest jurisdiction for crypto-companies.
To read more about the three bills, Malta is pushing click here - https://goo.gl/eRyjPG