Bitcoin price will rise: Malta government intends to legalize cryptocurrency in casinossteemCreated with Sketch.

in bitcoin •  7 years ago  (edited)

"The Maltese government believes in the potential of Blockchain technologies and cryptocurrencies and plans to advance their development in the country aggressively. The aim is to position the county to become the leading user of Blockchain and digital currencies" Joseph Cuschieri, executive chairman of the Malta Gaming Authority

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This could be a huge boon for Bitcoin and cryptos as a whole. The gambling industry sits at around 500 billion dollars, or five times the current market capitalization of cryptocurrency as a whole.