The Government of Malta is developing a legal framework for cryptocurrency companies

The Government of Malta is developing a legal framework for cryptocurrency companies
Malta became the first jurisdiction in the world with the official status of the cryptocurrency. The Parliament of the island state adopted three bills related to the development of the industry - the Law on Digital Innovation, the Law on Innovative Technological Agreements and Services and the Law on Virtual Financial Assets. It is reported that the new rules are designed to eliminate legal uncertainty and improve the investment climate in the country.

The Malta Financial Services Authority (MFSA) noted that at present, blockchain ...
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